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Hainan #Airlines To Take Over #Parent's Stakes In #Airlines, #Hotel Units | AutoTraffic

Hainan Airlines to take over parent's stakes in airlines, hotel units

SHANGHAI, March 12 (Reuters) - Hainan Airlines will take over stakes owned by its parent HNA Group in two local airlines and five other aviation and tourism businesses as part of the conglomerate’s as... read more

Owner of Hilton hotels, Hainan Air spends US$7.6 billion assembling online tour business

HNA, which grew out of a regional airline based in southern China’s Hainan province, has spent an estimated US$50 billion over two years, acquiring a string of assets from Hilton hotels to Hong Kong’s ... read more

Behind a Chinese Powerhouse, a Web of Family Financial Ties

Over the next two decades, Mr. Wang set up companies that managed properties, as well as supplied computers, software services, seafood and Cuban cigars to Hainan Airlines and its parent company ... t... read more

Chinese cut big African air deal

Hainan partners to provide civilian service in East Africa, Nairobi hub China's HNA Group, parent ... airline operates in more than 190 cities and serves scheduled domestic and international services ... read more

Hainan Airlines : stock falls as trading halt lifted

In March, it revealed plans to take controlling stakes in seven aviation-related businesses from the airlines parent company HNA Group. It appears that the transactions are yet to be completed, and Ha... read more

Empire-building sets HNA on a risky trajectory

Investments in aircraft leasing, cargo handling, airline catering, Hilton hotels, and computer wholesaling come to $30 billion. In recent weeks it has built a $1.1 billion stake ... units, mostly in C... read more

HNA Tourism digs deep to chart a course for a bright future worldwide

HNA Tourism - which boasts heavyweight subsidiaries including Hainan ... airline Azul, French carrier Aigle Azur, and Virgin Australia as well as a stockholder in Africa World Airlines. HNA Tourism bo... read more

Hainan Airlines to take over parent's stakes in airlines, hotel units

SHANGHAI (Reuters) - Hainan Airlines <600221.SS> will take over stakes owned by its parent HNA Group [HNAIRC.UL] in two local airlines and five other aviation and tourism businesses as part of the con... read more

Hainan Airlines weighs asset restructuring as parent HNA charts new course

These include hotel group ... help bail out the parent group. HNA is under pressure to repay loans after some banks were said to have frozen unused credit lines to its units after they missed payments ... read more

Stories take flight

Last November, Grand China Air was officially established, under a new parent company called Grand China Airlines Holding Co. The company is jointly held by the Hainan provincial government with a 48. ... read more

Hainan Airlines to take over parent's stakes in airlines, hotel units

SHANGHAI (Reuters) - Hainan Airlines (600221.SS) will take over stakes owned by its parent HNA Group [HNAIRC.UL] in two local airlines and five other aviation and tourism businesses as part of the con... read more
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