China Southern Airlines 737-800. By Rob Finlayson The Chinese government will inject about CNY2 billion ($315 million) into China Southern Airlines (CZ) for its fleet expansion, according to an industry insider. It is expected to reduce the carrier’s debt ratio, which was 70.88% at the end of 2011. The Guangzhou-based carrier suspended trading Tuesday as “the parent company plans to make government capital injection to the carrier,” CZ said in a statement, without ...

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