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China grounds debt-laden East Star Airlines

BEIJING - China grounded East Star Airlines, a small private carrier based in the central city of Wuhan, for being unable to pay back heavy debts and for "poor internal management", a government offic

Air China says parent may buy small Wuhan carrier

SHANGHAI - Flag carrier Air China said on Tuesday that its parent group was starting preliminary talks on the possible acquisition of East Star Airlines, a small private carrier based in the central c