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American Airlines will not increase participation in China Southern Airlines

Despite the investment made by rival Qatar Airways

After the $ 200 million dollar transaction done in 2017 to buy 3% of China Southern Airlines shares, American Airlines excluded a new investment despite the fact that Qatar Airways recently took over 5% of Chinese carrier (the cost has not been made public). Being co-shareholders of the flag carrier of Qatar is not a problem for CEO Doug Parker even though the relationship between Washington and Doha...

M/A - 1218444
London, UK, 02/04/2019 14:24
AVIONEWS - World Aeronautical Press Agency

AirlinesQatar Airways: expansion plan in China?

Purchased 5% of China Southern Airlines

The growth and expansion of Qatar Airways continues, announcing the acquisition of 5% of the shares of the China Southern Airlines carrier, exploiting the will of Beijing to open up foreign investments... more

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