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Hainan Airlines, Two Units Cancel Selling Nine Airplanes To HNA Aviation (Hong Kong)
HNA Infrastructure Investment To Sell Aviation Training Assets To Hainan Airlines
Hainan Airlines' April Passenger Carried Down 79.5% Y/Y
Hainan Airlines Holding Co., Ltd. is a China-based airline company. The Company mainly provides passenger air transportation service, freight air transportation service and charter flight service. The Company is also engaged in the production of in-flight supplies, aviation equipment, aeronautical ground equipment and spare parts. The Company conducts its businesses within domestic market and to overseas markets.
Haihang Building, No.7 Guoxing Avenue
Chairman of the Board
Chief Executive Officer, Director
Vice Chairman of the Board
Chief Financial Officer
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Cash-strapped Chinese conglomerate HNA Group said on Monday it has agreed a deal to restructure its low-cost carrier West Air with a Chongqing-based asset management firm.
Shares in China's Hainan Airlines <600221.SS> <900945.SS> slumped by 9.9 percent on Friday, close to its daily limit, after a six-month trading suspension during which it undertook a restructuring that would change its owner.
Shares in China's Hainan Airlines opened 9.9 percent lower on Friday, close to the daily limit, after it resumed trading following a six month suspension that it attributed to a "major asset restructuring".
China's Hainan Airlines <600221.SS> said on Wednesday it plans to sell its remaining stake in Brazilian airline Azul SA <AZUL.N>, but did not disclose details.
Hainan Airlines <600221.SS> <900945.SS>, China's fourth-biggest carrier, plans to acquire aviation assets valued at 10.48 billion yuan (1.2 billion pounds) in five firms to boost its route network and competitive edge, it said on Friday.
* Shares have been suspended since Jan amid asset restructuring
Hainan Airlines plans to sell a fifth of its preference shares in Brazil's Azul SA to United Continental subsidiary Calfinco for $138.3 million.
Hainan Airlines <600221.SS> plans to sell a fifth of its preference shares in Brazil's Azul SA <AZUL.N> to United Continental <UAL.N> subsidiary Calfinco for $138.3 million.
Hundreds of workers pour concrete as tower cranes swing overhead at the building site where a giant skyscraper is set to soar above the palm-fringed streets of this tropical Chinese city.
Hainan Airlines <600221.SS> will take over stakes owned by its parent HNA Group [HNAIRC.UL] in two local airlines and five other aviation and tourism businesses as part of the conglomerate's asset reorganisation, the company said.
* GATEGROUP CEO TELL REUTERS VALUATION OF COMPANY AFTER IPO WILL BE SIGNIFICANTLY HIGHER THAN WHEN HNA BOUGHT IT (ADDS DROPPED WORD "HIGHER")
* SAYS TIANJIN FREE TRADE ZONE'S IVNESTMENT ARM SIGNS FRAMEWORK AGREEMENT TO BOOST CAPITAL AT ITS UNIT TIANJIN AIRLINES BY 400 MILLION YUAN ($63.22 million) Source text in Chinese: http://bit.ly/2o1GhCa Further company coverage: ($1 = 6.3271 Chinese yuan renminbi) (Reporting...
China's HNA Group [HNAIRC.UL] is considering an initial public offering (IPO) or sale of cargo handler Swissport as the cash-strapped conglomerate seeks to fix its finances, people close to the matter said.
HNA Group chairman Chen Feng has expressed confidence that China's aviation-to-financial services conglomerate will manage its cash crunch, and continue to receive support from banks and other financial institutions this year.
China's Hainan Airlines Holding Co Ltd, part of the heavily indebted HNA Group, was described as "stable" on Thursday, by the underwriter of its recent large share placement.
China's Hainan Airlines will start direct flights from its base in Haikou, on Hainan island, to Sydney, Australia, from Jan. 30, the official Xinhua news agency reported on Sunday.
HNA Group, the acquisitive Chinese aviation-to-financial services conglomerate, said on Tuesday it had reshuffled the leadership of its tourism unit, which includes its flagship Hainan Airlines.
* Says H1 net profit down 31.4 percent y/y at 1.1 billion yuan ($165.29 million)
(Refiles story that ran on Monday to remove RIC of HNA Holdings which is a subsidiary of HNA Group, not the group itself)
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