China Eastern Airlines Corporation LimitedNYSE
Jul. 27, 2015, 7:58 AM
- Delta Air Lines (NYSE:DAL) expands its existing partnership with China Eastern (NYSE:CEA) with a new agreement.
- The two carriers will codeshare more flights on trans-Pacific flights and routes inside of China.
- Delta will also invest $455M to take a 3.55% stake in China Eastern and nab an "observer" spot on the board.