China’s largest airline by passenger numbers said 7.8 billion yuan of the proceeds will be used to acquire 41 aircraft, and the selection and installation of lightweight seats for its A320 series aircraft.
American Airlines has agreed to pay $200 million for a stake in China Southern Airlines, the biggest of China’s three major state-owned carriers, in a bid for a bigger share of the country's growing travel market.
American Airlines is looking to become the second big carrier in the United States to buy its way into capturing more of the big and growing business of flying to China.
Next on the chopping block: former Sinopec, China Southern execs, Tibet top security official
Boeing Co. landed a $10 billion order from China Southern Airlines Co.
On the morning of October 10, a high-profile lawsuit against China Southern, one of China’s “big three” airlines, opened at Chaoyang People’s Court in Beijing. The plaintiffs? Zhao Nan and Chen Lei, a couple from Tianjin, north China, who blame...
