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China Eastern Plans Delta Air Pact, Drops American

By Doug Cameron Of DOW JONES NEWSWIRES China Eastern Airlines Corp. Ltd (0670.HK) is dropping American Airlines as a code-share partner in favor of a proposed new pact with Delta Air Lines Inc. (DAL). The Chinese carrier plans to join the Delta-led SkyTeam global alliance later this year after declining the overtures from Oneworld, the rival grouping led by American, a unit of AMR Corp. (AMR), and British Airways. Delta and China Eastern applied to U.S. regulators to place codes on each other's flights between the U.S. and China and on services beyond their respective hubs, according to a regulatory filing. Such marketing pacts are common in the industry and help feed passengers and cargo into partners' networks. China Eastern and American plan to end their code-share deal on May 31, according to a separate filing, and the proposed SkyTeam deal leaves Oneworld as the only one of the three global groupings without a Chinese partner. China Southern Airlines Co. (ZNH) is already a SkyTeam member, while Air China Ltd. (0753.HK) is in the Star grouping led by United Continental Holdings Inc. (UAL) and Deutsche Lufthansa AG (DLA.XE). -By Doug Cameron, Dow Jones Newswires; 312-750-4135; doug.cameron@dowjones.com

Stock News for China South Air (ZNH)
DateTimeHeadline
03/31/201508:17:02Report of Foreign Issuer (6-k)
03/30/201509:54:36Chinese airline stocks rally
03/30/201507:34:36Report of Foreign Issuer (6-k)
03/27/201503:10:15Airlines introduce two-person cockpit rule
03/26/201506:07:02Report of Foreign Issuer (6-k)
03/18/201519:27:06Global airline ETF expected this spring
02/27/201506:31:01Report of Foreign Issuer (6-k)
01/06/201506:03:16Report of Foreign Issuer (6-k)
12/31/201406:01:47Report of Foreign Issuer (6-k)
12/30/201406:14:15Report of Foreign Issuer (6-k)
12/02/201406:52:31Report of Foreign Issuer (6-k)
11/21/201409:21:54Report of Foreign Issuer (6-k)
10/31/201406:04:28Report of Foreign Issuer (6-k)
10/29/201412:54:54ASIA MARKETS: Japan's Nikkei Leads Asian Stocks Higher
10/14/201406:13:58Report of Foreign Issuer (6-k)
08/29/201414:15:05Report of Foreign Issuer (6-k)
08/15/201409:02:09Report of Foreign Issuer (6-k)
08/14/201408:28:45Report of Foreign Issuer (6-k)
06/26/201411:39:05Report of Foreign Issuer (6-k)
06/19/201411:20:59Report of Foreign Issuer (6-k)

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