China Southern Airlines plans equity diversification for $4b capital injection

China Southern Airlines plans equity diversification for $4b capital injection

FILE PHOTO: A China Southern Airlines Airbus commercial passenger aircraft is pictured in Colomiers near Toulouse, France, November 26, 2018. REUTERS/Regis Duvignau

China Southern Airlines will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36 billion) of capital from three investors, the firm announced on Saturday.