China’s Fosun Creates $6B Aviation Investment Firm

Thomas Cook Airlines
Credit: Joe Pries
Fosun International subsidiary Shanghai Yuyuan Tourist Mart Group plans to establish a company—Yuyuan Aviation Industry Limited Partnership—specifically for investing in the airline industry. The Chinese retailing giant said on May 20 that it will contribute no more than CNY10 billion to the new...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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