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Member Since: 7/2007Last Seen: 11/10/2009

Airline shares hit as bid shunned

News Type: Event — Seeded on Tue Sep 25, 2007 12:44 PM EDT
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Shares in Cathay Pacific and Air China have fallen sharply after both airlines said they were not planning to bid for a stake in China Eastern Airlines.

By midday in Hong Kong, Cathay stocks had fallen 6% while Air China lost 13%.

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