China Southern Issues Shares To Fund Aircraft Acquisitions

China Southern tail
Credit: Rob Finlayson
SINGAPORE—China Southern Airlines plans to raise up to CNY15 billion ($2.2 billion) through a share offering with the proceeds primarily earmarked to support the acquisition of 46 new airliners. In a filing to the Shanghai Stock Exchange, the Guangzhou, China-based carrier said the total investment...
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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