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 ...

Subscribe to Access this Entire Article

"Reports: American Airlines to buy stake in China Southern " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.