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.
Source: Xinhua
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