Air China acquiring Shandong Airlines
Cash-strapped Shandong Airlines will be taken over by Air China
Air China said it will buy a majority stake in the Jinan-based airline.
Air China already owns a 22.8% stake and 49.4% in parent company Shandong Airlines Group.
Shandong Airlines posted losses of USD280 million last year.
Trading was halted in Shandong Airlines’ stock on the news.
The transaction is still being discussed and is not done deal yet.
Shandong Airlines has fleet of over 130 jets which are mostly Boeing 737s.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive