American Airlines is in negotiations to buy a stake in China Southern Airlines in an effort to strengthen both carriers’ position on Sino-US routes, two industry sources told ATW. According to news reports, Fort Worth, Texas-based American plans to buy Guangzhou-based China Southern’s H shares, released by the Hong Kong Stock Exchange, via a $200 million investment. China Southern is worth about $10 billion at market value. As a stakeholder, American would be able to nominate ...

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