HNA Group buys 48% of France’s Aigle Azur

Hainan Airlines A330-200. By Rob Finlayson Chinese conglomerate HNA Group—parent of Hainan Airlines (HU), China Xinhua Airlines, Chang'an Airlines and Shanxi Airlines—has acquired a 48% stake in French airline Aigle Azur Transports Aeriens (ZI). The deal makes HNA Group the second largest...

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