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Airline Stock Roundup: American Airlines Buys Chinese Carrier Stake; Alaska Air Group In Focus & More
Article By:
Zacks Investment Research
Thursday, March 30, 2017 7:35 AM EST
American Airlines aims to expand its presence in the lucrative Chinese aviation market through this move. Seattle, WA-based Alaska Air Group also made it to the headlines by virtue of its announcement to do away with the Virgin America brand in 2019.
American Airlines Has Purchased A $200 Million Stake In China Southern Airlines
Article By:
Lorimer Wilson
Tuesday, March 28, 2017 1:18 PM EST
American Airlines, the world’s largest airline with over 6,700 flights per day to nearly 350 destinations in more than 50 countries around the globe, has purchased a $200 million stake in China Southern Airlines, the largest airline in China.
4 Chinese Stocks Rally On Stimulus Hopes
Article By:
Zacks Investment Research
Thursday, September 10, 2015 6:52 AM EST
China’s stock markets finished in the green for the first time in five days on Tuesday, as indications of an economic slowdown sparked stimulus hopes. A significant decline in exports was the culprit this time around.