Restructuring Assigns Chinese Carrier Stakes To Hainan Airlines

Credit: Xinhua News Agency
BEIJING—Aiming to increase its capacity for raising finance, cash-strapped HNA Group will make Hainan Airlines the owner of all of its stakes in mainland Chinese air carriers. The move will be part of a reorganization that concentrates most of the group’s aviation and travel businesses in a single...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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