Hainan Airlines to invest more than $159 million in Fuzhou subsidiary

Hainan Airlines A330-200. By Rob Finlayson Hainan Airlines (HU) plans to invest more than CNY1 billion ($159 million) in its new subsidiary, Fuzhou Airlines, to be launched in conjunction with the Fuzhou provincial government (ATW Daily News, Aug. 20). According to an industry insider, HU would be...

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