China Eastern Airlines (MU) Friday completed the issue of a 2 billion yuan super & short-term commercial paper (SCP), its sixth batch of SCP this year.
The SCP will have a maturity of 270 yuan, with a face value of 100 yuan and an interest rate of 3.1%.
The Shanghai-based carrier said the fund collected from the SCP will be used to replace loans of the airline and its subsidiaries.
The annual shareholders' meeting 2013 of China Eastern has agreed the airline to issue not more than 20 billion yuan of SCP, with a maturity of not more than 270 days.
In September 2026, General Atomics AeroTec Systems will put a major focus on Africa. With two trade show appearances, the German aircraft manufacturer is highlighting the strategic importance of...
FL Technics subsidiary FL Technics LLC, which provides Line Maintenance services across the Middle East, has expanded its approved capabilities by adding Airbus A350, Boeing 777, Boeing 787, and Boein...
ATP Flight School has reintroduced its 100+ Hour Multi-Engine Airline Career Pilot Program at select training centers, bringing students multi-engine flight time at single-engine prices.&nbs...
EHang launches its Global Fast Track Program — a structured and accelerated pathway for the assessment and introduction of pilotless eVTOL operations in international markets. Sri Lanka is...
