Here's Why American Airlines Just Invested In China's Biggest Airline

On Tuesday, American Airlines (NASDAQ: AAL) announced that it would spend $200 million to buy a small 2.76% stake in China Southern Airlines, the largest airline in China. The two airlines will also form a strategic partnership, cooperating in the fast-growing U.S.-China air travel market.Making this investment was probably a wise move on American Airlines' part.

Topics:  nasdaq   aal     u.s    delta air lines nyse   dal    united continental nyse   ual    american   airlines   china   travel   
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