Tuesday, 28 March 2017

American Airlines takes $200m stake in China Southern Airlines

American Airlines today has committed to make a US$200 million equity investment in China Southern Airlines.

The US carrier said it hoped to create a strong foundation for a long-term relationship between two of the world’s biggest airlines. China Southern’s primary hub is located in Guangzhou with the majority of its transpacific flights positioned there, while American flies to Beijing and Shanghai from its hubs in Chicago, Dallas Fort Worth and Los Angeles.

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