Air China has suspended trading of its shares, pending a possible capital injection from its parent company and a potential private share placement.
China National Aviation Holding, the carrier's parent, is considering a 1.5 billion yuan ($220 million) injection of "state-owned capital operation budget" into the airline, says Air China.
The carrier is also mulling "potential private placements of its shares", it adds.
To avoid causing impact on share prices, Air China has requested a suspension of trading from today onwards, it says.
The carrier will apply for a resumption of trading of its shares within 10 business days after it consults with authorities on the two issues, it adds.
Source: Air Transport Intelligence news