HNA Aviation Group has moved to transfer its 77.9% stake in Suparna to group affiliate HNA Cargo, in a move which would consolidate the conglomerate’s air freight operations.
State-owned carriers Air China, China Eastern Airlines and China Southern Airlines have all signaled that they will post losses for the first half of 2025.
Elbe Flugzeug Werke (EFW) has signed agreement with the Chinese HNA Aviation Group to convert Airbus A330 passenger aircraft into freighters starting next year.
Australia’s second-largest carrier plans to continue operating a vastly reduced schedule while administrators from Deloitte work to find a buyer for the airline.
HNA Group’s airline operations are central to its expansion plans as it seeks investments to reach its goal of becoming a global top 50 company by 2030.