HONGYUAN GROUP plans to acquire Aviation Investment Holding's 7.7% stake in AIR BELGIUM and invest additional capital into airline for 49% ownership. It has also assigned operation of two ex-Saudia 747-8Fs (37562/37653) to AB.

Subscription Required


HONGYUAN GROUP is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? 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.