Asia/Pacific

Hainan Airlines transfers capital into Tianjin

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Hainan Airlines transfers capital into Tianjin

Hainan Airlines has announced plans to inject CNY980 million ($153 million)-worth of capital into Tianjin Airlines, raising the latter’s capital to CNY7350 million ($1.14bn). Following the capital injection, Hainan’s shareholding in Tianjin Airlines will reach 43.54%, and will remain Tianjin’s...

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