SINGAPORE, May 15 (Xinhua) -- Singapore Airlines (SIA) said on Friday that
it is not reviving talks on taking a strategic investment in China Eastern
Airlines.
However, SIA's chief executive officer Chew Choon Seng said that the
airline is still keen to participate in China's airline sector, according to
local radio 938live.
In 2007, SIA and Singapore's state-owned investment company Temasek
Holdings agreed to take a combined 24 percent stake in China Eastern, but the
deal was called off as China Eastern's minority shareholders voted against the
sale.
SIA announced on Thursday that its net profit dived 92 percent on-year in
the fourth financial quarter ended March. But the airline said that it will take
delivery of five Airbus A380 super jumbos this year despite the downturn.
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