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CHINA SOUTH AIR Terminates Deal to Sell 10 Aircrafts
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Upon application by CHINA SOUTH AIR (01055.HK), the sale of 10 B7878-8 Boeing aircrafts and 4 engines will be terminated due to the existence of matters affecting the equity transaction, according to the announcement made by the Shanghai United Assets and Equity Exchange. The suspension of these transactions by CHINA SOUTH AIR may be related to the suspension of purchases of US aircraft-related equipment and parts by the Chinese authorities under the US-China trade war, pursuant to market analysis. AAStocks Financial News |
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