Showing posts with label air china. Show all posts
Showing posts with label air china. Show all posts

Wednesday, September 5, 2018

Air China is planning to sell its major stake to Capital Holding considering uncertainties in international trade. Capital Holding will own 51% stake of the airlines after $ 357m transaction is complete. The remaining 49% will be owned by Cathay pacific.  Capital Holding is a wholly-owned subsidiary of state-owned China National Aviation Holding Corporation (CNAHC),...