China Southern Injects $665M Into Chongqing Airlines

Chongqing Airlines jet
Credit: Chen Chuanren/Aviation Week
SINGAPORE—China Southern Airlines will inject CNY4.5 billion ($665 million) into subsidiary Chongqing Airlines, strengthening its balance sheet and supporting fleet and network expansion in southwestern China. In a filing to the Shanghai Stock Exchange, China Southern said the capital injection will...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for Aviation Week's Air Transport World magazine and the Asia-Pacific Defense Correspondent for Aviation Week.

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