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-0.0294282511210762 -0.0299887892376682 -0.0302690582959641 -0.0336883408071748 -0.0322253363228699 -0.0344730941704035 -0.0349915919282511 -0.0350056053811658
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All aboard: American Airlines takes $200 million stake in China Southern [Yahoo! Finance News]

CHINA SOUTHERN AIRLINES (ZNH)  More Company Research Source: Yahoo! Finance News
US:NYSE Investor Relations: csair.com/en/about/investor
PDF HONG KONG/SHANGHAI (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 (AAL.O), giving the U.S. airline a stake in China's largest carrier. The deal would make American Airlines the second U.S. carrier to own part of a Chinese airline after Delta Air Lines Inc (DAL.N) bought 3.55 percent of China Eastern Airlines Corp for $450 million in 2015. It also means that China's three biggest airlines now all have tie-ups with foreign airlines, something Beijing has encouraged as a way to boost the sector's global competitiveness. [Read more]

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