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American Air in negotiations to buy stake in China Southern
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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