Qingdao Airlines to sell 25% stake

Qingdao Airlines is expected to sell its 25% stake owned by Qingdao Transport Development Group for CNY251 million ($40.4 million) in an effort to become fully privatized. The Qingdao-based carrier has a registered capital of CNY1 billion. In addition to the 25% stake owned by Qingdao Transport...

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