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Time of India
2 days ago
- Business
- Time of India
Former head of major Chinese airline under graft investigation, ET Infra
Advt The former head of China Eastern Airlines is under investigation over corruption allegations, two Chinese anti-graft bodies said Saturday. Liu Shaoyong , who headed the airline from 2009 until his resignation in 2022, is being investigated for "serious violations of discipline and law", the Central Commission for Discipline Inspection and the National Supervisory Commission said in a Shanghai-based airline, primarily owned by the Chinese government through its parent company, is one of the three largest Chinese was credited with turning the carrier around after it posted record losses before he was Eastern Airlines under his leadership merged with Shanghai Airlines and joined the SkyTeam airline alliance , strengthening its position in domestic and international also led another one of China's major airlines, China Southern, before taking the reins of China President Xi Jinping has waged an unrelenting crackdown on corruption since coming to power over a decade say the policy promotes clean governance but others say it also serves as a means for Xi to purge political rivals.
New Indian Express
4 days ago
- Business
- New Indian Express
Former head of major Chinese airline under graft investigation
BEIJING: The former head of China Eastern Airlines is under investigation over corruption allegations, two Chinese anti-graft bodies said Saturday. Liu Shaoyong, who headed the airline from 2009 until his resignation in 2022, is being investigated for "serious violations of discipline and law", the Central Commission for Discipline Inspection and the National Supervisory Commission said in a statement. The Shanghai-based airline, primarily owned by the Chinese government through its parent company, is one of the three largest Chinese airlines. Liu was credited with turning the carrier around after it posted record losses before he was appointed. China Eastern Airlines under his leadership merged with Shanghai Airlines and joined the SkyTeam airline alliance, strengthening its position in domestic and international markets. Liu also led another one of China's major airlines, China Southern, before taking the reins of China Eastern. Chinese President Xi Jinping has waged an unrelenting crackdown on corruption since coming to power over a decade ago. Proponents say the policy promotes clean governance but others say it also serves as a means for Xi to purge political rivals.
The Star
4 days ago
- Business
- The Star
‘Serious violations': Former head of major Chinese airline under graft investigation
Liu Shaoyong, who headed China Eastern Airlines from 2009 until 2022, is being investigated for 'serious violations of discipline and law'. -- PHOTO: AFP BEIJING (AFP): The former head of China Eastern Airlines is under investigation over corruption allegations, two Chinese anti-graft bodies said Saturday. Liu Shaoyong, who headed the airline from 2009 until his resignation in 2022, is being investigated for "serious violations of discipline and law", the Central Commission for Discipline Inspection and the National Supervisory Commission said in a statement. The Shanghai-based airline, primarily owned by the Chinese government through its parent company, is one of the three largest Chinese airlines. Liu was credited with turning the carrier around after it posted record losses before he was appointed. China Eastern Airlines under his leadership merged with Shanghai Airlines and joined the SkyTeam airline alliance, strengthening its position in domestic and international markets. Liu also led another one of China's major airlines, China Southern, before taking the reins of China Eastern. Chinese President Xi Jinping has waged an unrelenting crackdown on corruption since coming to power over a decade ago. Proponents say the policy promotes clean governance but others say it also serves as a means for Xi to purge political rivals. - AFP
Straits Times
4 days ago
- Business
- Straits Times
Former head of major Chinese airline under graft investigation
Mr Liu Shaoyong, who headed the airline from 2009 until 2022, is being investigated for 'serious violations of discipline and law'. PHOTO: AFP Former head of major Chinese airline under graft investigation BEIJING - The former head of China Eastern Airlines is under investigation over corruption allegations, two Chinese anti-graft bodies said on June 28. Mr Liu Shaoyong, who headed the airline from 2009 until his resignation in 2022, is being investigated for 'serious violations of discipline and law', the Central Commission for Discipline Inspection and the National Supervisory Commission said in a statement. The Shanghai-based airline, primarily owned by the Chinese government through its parent company, is one of the three largest Chinese airlines. Mr Liu was credited with turning the carrier around after it posted record losses before he was appointed. China Eastern Airlines under his leadership merged with Shanghai Airlines and joined the SkyTeam airline alliance, strengthening its position in domestic and international markets. Mr Liu also led another one of China's major airlines, China Southern, before taking the reins of China Eastern. Chinese President Xi Jinping has waged an unrelenting crackdown on corruption since coming to power over a decade ago. Proponents say the policy promotes clean governance but others say it also serves as a means for Mr Xi to purge political rivals. AFP Join ST's Telegram channel and get the latest breaking news delivered to you.
The Sun
4 days ago
- Business
- The Sun
Ex-China Eastern Airlines chief probed for corruption
BEIJING: The former head of China Eastern Airlines is under investigation over corruption allegations, two Chinese anti-graft bodies said Saturday. Liu Shaoyong, who headed the airline from 2009 until his resignation in 2022, is being investigated for "serious violations of discipline and law", the Central Commission for Discipline Inspection and the National Supervisory Commission said in a statement. The Shanghai-based airline, primarily owned by the Chinese government through its parent company, is one of the three largest Chinese airlines. Liu was credited with turning the carrier around after it posted record losses before he was appointed. China Eastern Airlines under his leadership merged with Shanghai Airlines and joined the SkyTeam airline alliance, strengthening its position in domestic and international markets. Liu also led another one of China's major airlines, China Southern, before taking the reins of China Eastern. Chinese President Xi Jinping has waged an unrelenting crackdown on corruption since coming to power over a decade ago. Proponents say the policy promotes clean governance but others say it also serves as a means for Xi to purge political rivals.
