DJ Singapore Airocean,A-Sonic Shelve Plans For China Airline SINGAPORE (Dow Jones)--Airocean Group Ltd. (A53.SG) and A-Sonic Aerospace Ltd. (A21.SG) have shelved plans for a Chinese budget airline after failing to secure an air operator's certificate. In a joint statement issued Saturday, the companies said they will continue efforts to own and operate an airline in China either individually or
Posted September 04, 2005
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