Uni-top Airlines aquires majority Grandstar Cargo stake for $0.16

26/06/2013

More than a year after Uni-top Airlines, the private Chinese cargo carrier, expressed an interest in buying Lufthansa Cargo’s share of the ill-starred Jade International, comes the news that it has finally acquired a 51% stake in Grandstar Cargo.

And the price? Just a mere Rmb1, ...

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