Latest news with #LiuShaoyong
New Indian Express
13 hours 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
13 hours 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
17 hours 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.
CNA
18 hours ago
- Business
- CNA
Former head of China Eastern Airlines under graft investigation
BEIJING: The former head of China Eastern Airlines is under investigation for "serious violations of discipline and law" - a common euphemism for corruption - according to China's top anti-graft watchdog on Saturday (Jun 28). The Central Commission for Discipline Inspection and the National Supervisory Commission made the announcement in a statement, without giving further details. Liu Shaoyong headed China Eastern Airlines from 2009 until his resignation in 2022. He also previously held the position of party secretary at the airline. 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.
The Sun
19 hours 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.
