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Hainan Airlines sells remaining stake in Brazil's Azul for $306 million

SHANGHAI (Reuters) - China’s Hainan Airlines (600221.SS) said on Friday it had sold its remaining stake in Brazilian airline Azul SA (AZUL.N) in a deal that netted it $306.25 million after deducting underwriting fees. ( More...

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Joao Ponces 0
Very poor information! Does not explain fully, in a plain, understandable way who the buyers were.
I am very worried, as Azul is one of the major share holders for TAP-Portugal Airlines, and I would really like to understand who would replace Hainan!


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