August 13, 2022

American Airlines is buying a $200 million chunk of China’s largest airline

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By Donny Kwok and John Ruwitch, Reuters From Business Insider (Reuters) – China Southern Airlines Co Ltd said on Tuesday it would issue HK$1.55 billion ($199.6 million) worth of shares to a subsidiary of American Airlines Group Inc , giving the U.S. airline a stake in China’s largest carrier. The deal would make American Airlines […]