China’s Hainan Airlines is selling the remainder of its stake in Azul Brazilian Airlines—part of Hainan parent HNA Group’s continuing efforts to raise cash and pay down debt. Hainan’s stake sits at about 17% following its recent divestiture of about 4% to United Airlines. The deal is expected to net...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.