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American Airlines buys China Southern stake as traffic booms

Transaction is about code sharing and putting China passengers onto US aircraft, says an analyst

US carriers like American have struggled to add new routes to China's main international hubs because of capacity constraints.

Hong Kong

AMERICAN Airlines is set 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.

China Southern, the biggest airline in China, the world's most populous country, said on Tuesday morning...

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