Air Macau : NX : AMU :

Air China will inject MOP158.7 million ($19.3 million) into troubled subsidiary Air Macau, lifting its stake in the carrier to 80.9% from 51%.
The global financial crisis and liberalized access to flights across the Taiwan Strait dragged Air Macau to a MOP107.3 million loss in 2008 and a MOP150 million deficit through the first five months of 2009. CA said it remains confident in Macau's future, however, citing "fast economic growth" in the territory and potential synergies between Macau International and Hong Kong International that will arise if the bridges connecting the two special administrative regions via Zhuhai are completed.
Other current stakeholders in Air Macau are TAP Portugal's SEAP investment fund (20%), the Sociedade de Turismo e Diversoes de Macau casino company (14%), the Macau government (5%) and EVA Air (5%). SEAP's share will drop to 0.1% and EVA's to 0.025% following CA's capital injection. CA also holds significant stakes in Cathay Pacific Airways, Shenzhen Airlines and Shandong Airlines.