JUNE 28 2017 (The Bulletin) — Kyrgyzstan Air has asked China’s Hainan Airlines to buy a 49% stake in the company, media reported. It had said earlier in the year that it wanted to sell off a 49% stake but didn’t say to whom. China, which has been investing heavily in Central Asia, was the obvious option. Hainan Airlines has not commented.
ENDS
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(News report from Issue No. 335, published on July 3 2017)