China Eastern Airlines approves RMB 1.25bn airport project
China Eastern Airlines Corporation Limited approved a major investment of RMB 1,245.62 million for the Guangzhou New Airport China United Airlines Base project.
The airline will also abolish its supervisory board and revise key corporate governance rules at an extraordinary shareholder meeting scheduled for August 27, 2025, in Shanghai.
Shareholders will vote on adjusting related party transactions covering aircraft leasing, financial services, and property leases from 2026 to 2028.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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