Juneyao Airlines To Take Full Ownership Of 9 Air

9 Air 737-800

9 Air Boeing 737-800

Credit: Rob Finlayson
In a Shanghai stock exchange announcement, China’s Juneyao Airlines says it will take full ownership of LCC 9 Air by acquiring the 3.0517% of the latter airline’s shares owned by 9 Air Chairman Ji Guangping. The all-cash deal is estimated to be worth CNY143 million ($20.2 million). Based at...

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