Shortly after the rejection, Air China's parent, China National Aviation Corporation (CNAC), proposed a "strategic partnership" with China Eastern.
What does CNAC stand for?
CNAC stands for China National Aviation Corporation
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
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We have 20 other meanings of CNAC in our Acronym Attic
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Samples in periodicals archive:
China National Aviation Corporation Group, Air China's parent company that holds 12.
Cathay Pacific,China Eastern and China National Aviation Corporation are all part owners of Dragonair and each has issued profits warnings as Sars brings the travel industry to its knees.
But China National Aviation Corporation (CNAC), which owns 12 percent of China Eastern's Hong Kong-listed shares, said on Thursday it would make a counter-offer for China Eastern if Tuesday's shareholder meetings rejected the Singaporean deal.
Jan 14, 2008 Air China, China National Aviation Corporation Air China parent China National Aviation Holding is preparing its own bid for China Eastern Airlines following the Tuesday rejection of the latter's stake sale deal with Singapore Airlines but is doing so with an eye toward cooperation rather than acquisition.
Air China parent China National Aviation Corporation said on Thursday it will make a counter offer for rival China Eastern if that carrier's shareholders reject a plan to sell a stake to Singapore Airlines.
Air China parent China National Aviation Corporation said on Thursday it will make a counter offer for rival China Eastern if that carrier's shareholders reject a plan to sell a stake to Singapore Airlines.
China National Aviation Corporation owns 12 percent of China Eastern's Hong Kong-listed shares.