Xiamen Airlines stake sold

Dino D'Amore
By Dino D'Amore June 26, 2015 10:35

Xiamen Airlines stake sold

JiZhong Energy Group is selling its 15% stake in Xiamen Airlines to Xiamen C&D for 2.2 billion yuan. Xiamen C&D stake in Xiamen Airlines will thus increase from 34% to 49%. China Southern Airlines will retain its 51% stake.

Dino D'Amore
By Dino D'Amore June 26, 2015 10:35