Airline inks co-op deal with Ping An

China Eastern, insurance firm to work together in ownership reform, finance

China Eastern Air Holding Co and Ping An Insurance (Group) Co of China Ltd have signed a strategic cooperative agreement, under which the two sides will work together in fields including business trip and travel services, insurance, finance, property and mixed ownership reform, official sources said.

The cooperation between the world's seventh largest airline and 39th rated Fortune 500 company is aimed at quality sustainable development in the industrial chain, value chain and service chain with the support of each other's comprehensive strengths, according to the announcement filed to the State-owned Assets Supervision and Administration Commission dated on Monday.