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Search results for “air cargo”
HNA Group eyes South America's Avianca airline companies
06/06/2016
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2:11:13 PM
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China's HNA Group has expressed interest in acquiring Avianca Holdings and Avianca Brasil, the South American airlines controlled by Bolivian-born entrepreneur Germán Efromovich's Synergy Group, people familiar with the matter said.
Chinese carriers’ net profit jumps 75.1%
06/03/2016
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1:21:17 PM
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Chinese carriers reported a collective net profit of RMB 32.03 billion (USD 4.86 billion) in 2015, up 75.1% over the net income of RMB 18.29 billion in 2014 in the face of global economic slowdown.
Travelsky takes stake in China Merchants’ new insurance arms
05/25/2016
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9:29:06 AM
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Travelsky announced that it would make two investments of RMB 875 million each to take 17.5% shares from each of the two new China Merchants Group subsidiaries, CMRH Life and CMRH P&C
Qatar Air increases its stake in British Airways owner IAG
04/28/2016
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4:03:28 PM
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Qatar Airways Ltd. lifted its stake in British Airways owner IAG SA close to 12 percent. Willie Walsh, CEO of IAG, said in February that the Qatar Air partnership could expand joint purchases, add to code-sharing arrangements and coordinate cargo units.
HNA Group extends European foray in deal with forex provider ICE
04/21/2016
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6:59:42 PM
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HNA Tourism has agreed to buy global foreign exchange specialist ICE, from UK-based investment holding company Lenlyn Holdings Limited for an undisclosed fee
China eastern predicts 60-70% growth in Q1 profit
04/18/2016
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9:44:30 AM
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China Eastern predicted a 60-70% net profit growth for the first quarter this year due to robust demand and lower fuel prices
HNA to buy Tysan stake from Blackstone for $340 Million
04/06/2016
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5:47:56 PM
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HNA Group agreed to buy a controlling stake in Tysan Holdings for about $340 million to expand in construction and property development
IATA predicts steady profit levels for airlines in 2016
02/01/2016
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11:04:32 AM
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IATA said airlines globally can expect to see the record profit levels achieved in 2015 again this year, but with major variations across different regions.
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