China Eastern agrees to join SkyTeam alliance-exec

SHANGHAI, April 15 (BestGrowthStock) – Shanghai-based China Eastern
Airlines (600115.SS: ) (0670.HK: ) has reached an initial agreement
to join the SkyTeam global airline alliance, a senior executive
with the carrier said on Thursday.

SkyTeam includes Air France-KLM (AIRF.PA: ) and Delta Air
Lines (DAL.N: ), as well as China Southern Airlines
(1055.HK: )(600029.SS: ), China’s largest carrier by fleet size.

The China Eastern executive declined to be identified before
an official announcement.

China Eastern, the last of China’s major carriers to join a
global grouping, said it would make an announcement on Friday
about an airline alliance but did not specify which alliance.

An official with the airline said in February it was in
talks with the Star Alliance, OneWorld and SkyTeam about a
possible affiliation but had not selected a preferred partner.
[ID:nTOE61O049]

Stock Market Investing

(Reporting by Fang Yan and Edmund Klamann; Editing by Erica
Billingham)

China Eastern agrees to join SkyTeam alliance-exec