American Airlines to Buy Minority Stake in China Southern Airlines - Asia Rising TVAsia Rising TV
American Airlines to Buy Minority Stake in China Southern Airlines

American Airlines to Buy Minority Stake in China Southern Airlines

American Airlines says it will purchase a minority stake in China Southern Airlines, a deal that will give the carrier greater access to the world’s two largest travel markets. American Airlines, the world’s largest by scheduled passengers carried, will buy $200 million in China Southern stock, the largest airline in China. The deal gives American a…

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