Delta Expands Partnership, Acquires Stake in China Eastern
Under the 'enhanced strategic partnership' Delta will invest $450 million to acquire a 3.55 percent stake in the Shanghai-based carrier.
Delta and China Eastern Airlines said they will compete more effectively on U.S.-China routes. Flickr: <a href="http://creativecommons.org/licenses/by-sa/2.0/" target="_blank">Creative Commons (BY-SA)</a> by <a href="http://flickr.com/people/kentaroiemoto" target="_blank">Kentaro IEMOTO@Tokyo</a>
Delta and China Eastern Airlines said they will compete more effectively on U.S.-China routes. Flickr: Creative Commons (BY-SA) by Kentaro IEMOTO@Tokyo