The board of China Eastern Airlines (MU, Shanghai Hongqiao) has approved a CNY3.4 billion yuan (USD507 million) investment in a production support area at Shanghai Pudong as part of the airport's Phase IV expansion. The project follows Shanghai Airlines' and China Eastern's October 2025 agreements to surrender land and buildings in Shanghai Pudong's aircraft maintenance area for CNY1.3 billion (USD194 million) in total compensation to facilitate the same Phase IV expansion.
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