BEIJING—The municipal government of Fuzhou, China, is moving to take a larger stake in HNA’s Fuzhou Airlines as part of a drive to expand local air services. Hainan Airlines, the direct owner of HNA’s shares in Fuzhou Airlines, is willing to consider selling down its 60% holding, an industry source...
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Fuzhou City Moves To Take Bigger Share In Fuzhou Airlines is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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