HNA Group To Reduce Stake In GX Airlines
Credit: Guangxi Beibu Gulf Airlines (GX Airlines)
SINGAPORE—Chinese conglomerate HNA Group is in the process of reducing its shares in LCC Guangxi Beibu Gulf Airlines (GX Airlines) as part of the airline’s restructuring plans. Guangxi Beibu Gulf Investment Group, HNA Group and Guangxi Airport Management Group signed a framework agreement on June 11...
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