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American Air in negotiations to buy stake in China Southern

Tue, Mar 28, 2017 - 5:50 AM

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The talks are over a possible major strategic cooperation with American Airlines, involving, among others, a proposed issue of shares of China Southern and other business cooperation.
PHOTO: REUTERS

Beijing

AMERICAN Airlines Group Inc, the world's largest carrier, is in talks to acquire a stake in China Southern Airlines Co, according to a statement by Asia's biggest carrier by passengers.

The negotiations are over "a possible major strategic cooperation with American Airlines...

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