China Airlines increases stake in catering unit

China Airlines has increased its holding of China Pacific Catering Services, according to regulatory filings.
China Airlines increases stake in catering unit
Catering onboard China Airlines' international flights has been developed with a Michelin Star-holding restaurant

China Airlines has increased its holding of China Pacific Catering Services, according to regulatory filings.

The Taiwan-registered airline has increased its 51% share of the food supplier by a further 22% by acquiring shares from two separate share holders for approximately $98.2m

This transaction was approved by shareholders on January 19.

China Airlines has been working to improve it's menu choices in recent months. Last December, the carrier announced a deal with Taiwanese Michelin Star-holding restaurant  T+T to develop a menu.