Air China is evaluating the purchase of a 24% stake in Air China Cargo worth CNY718 million from Beijing Capital Airport Holding Co. CA Board Secretary Huang Bing noted a final decision on making the cargo company a wholly owned CA subsidiary "will depend on the specific situation of the cargo market at home and abroad." Last year the airline raised its stake in Air China Cargo to 76% from 51% through purchase of Gold Leaf Enterprise Holdings' stake in CA Cargo shareholder Langxing Co ...

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