American Airlines confirmed it has agreed to make a $200 million equity investment in China Southern Airlines, and the two airlines will enter into a long-term partnership. The Guangzhou-based carrier had confirmed March 27 in a filing with the Shanghai Stock Exchange that it would be selling a 2.7% stake to Dallas/Fort Worth-based American. “China Southern is the largest airline in China and is the ideal carrier for American, the largest airline in the ...

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