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0 0.00362318840579708 0.00461133069828712 0.00324769433465078 0.00164690382081677 0.000866271409749641 0.0019762845849802 0.00263504611330693
Stock impact report

Qatar wants a slice of China's huge aviation market [CNN]

China Southern Airlines Company Limited (ZNH) 
US:NYSE Investor Relations: csair.com/en/about/investor
Company Research Source: CNN
Qatari ambassador: Economy solid under embargo London (CNN Business) Qatar Airways is buying into the one market no major airline can ignore: mainland China. Qatar Airways said it acquired its stake by purchasing China Southern shares on the Hong Kong and Shanghai stock markets. It's the first major investment in mainland China by Qatar Airways. Akbar Al Baker, the CEO of Qatar Airways, said the investment offered massive potential. China Southern Airlines is one of the most prestigious airlines in the Chinese domestic market and an important market player in the world, Al Baker said in a statement. Read More China takes off Air travel is growing rapidly in China. The International Air Transport Association expects the country to overtake the United States as the world's largest aviation market by 2023. The surge in air travel is fueled in large part by middle class Chinese who are spending billions on domestic and foreign vacations. Boeing ( BA ) ex Show less Read more
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