China Eastern to cut debt ratio by end-2015 -chair
* Sliding cargo demand is problem – chairman
* Gearing ratio stood at 81 pct end-2011
* Government support is long-term – chairman
(Adds executive comments, details)
By Alison Leung
BEIJING, June 11 (Reuters) – China Eastern Airlines
, one of China’s top three carriers, aims to
cut its debt-to-assets ratio to below 70 percent by the end of
2015 from its current 81 percent, its chairman said on Monday,
amid a new round of capital injections by the
Article source: http://in.reuters.com/article/2012/06/11/chinaeastern-debt-idINL3E8HB38Z20120611