Bankrupt East Star Airlines May Have New Capital

摘要

China’s bankrupt East Star Airlines may fly againnafter announcing a plan to take in new capital.nA little-known investor, Shanghai Yujie IndustrynCo., proposes to lead an investment of 500 millionnyuan (US$73 million) by entities that are not currentlynshareholders in East Star, which the Civil AviationnAdministration ordered to stop flying in March amidnfinancial and operational troubles.