Air Transport World

Hainan Airlines.(to issue stock)(Brief Article)(Statistical Data Included)

Hainan Airlines will issue 205 million A shares on Shanghai's domestic stock exchange to complement the tranche already floated on the foreign currency index. The shares will enter at about 4.6 yuan each. Proceeds will be used to repay borrowings supporting the carrier's 25% stake in Haikou's Meilan Airport and three 767-300s. …

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