Shandong Airlines to sell 20% stake in Qingdao Airlines

Air China’s subsidiary Shandong Airlines will sell its 20% stake in Qingdao Airlines for CNY200.8 million (32.8 million). In July, Shandong Airlines transferred its 20% stake to a subsidiary of Nanshan Group, but Shandong Airlines so far hasn’t identified which company would purchase the stake. The...

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