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Virgin Australia chief executive: China will play a vital role in our future growth

Virgin Australia chief executive John Borghetti showed great confidence in China, and believed China will be a key driver of the Australia-based airline’s development and profitability in the next one or two decades.

12/30/2016|4:45:34 PM|ChinaTravelNews

HNA’s E-Life Financial receives RMB 1.9 billion in B+ round

HNA subsidiary E-Life Financial raised RMB 1.9 billion in its B+ round after it closed its 4-billion-yuan B round last October. The deals boost the company‘s value to above the earlier projected RMB 8 billion.

12/30/2016|4:45:21 PM|ChinaTravelNews

HNA raises RMB 12.5 billion on New Third Board in 2016

HNA’s Capital Helicopter announced that it has raised RMB 3.2 billion in a private placement, said to be the largest sum raised on the New Third Board so far this year. It has boosted the total sum raised by HNA on the board in 2016 to more than RMB 12.5 billion.

12/26/2016|9:37:37 AM|ChinaTravelNews

Sabre, HNA expand strategic technology tie-up

Sabre to provide HNA access to advance technologies extending a competitive advantage for the airline.

12/22/2016|2:15:54 PM|PRN

Passenger throughput of domestic airports improves dramatically

The annual passenger throughput of both Jinan Yaoqiang International Airport and Lanzhou Zhongchuan International Airport has breached the 10 million mark.

12/21/2016|3:36:01 PM|ChinaTravelNews

China Eastern Airlines plans to spin off logistics business

China Eastern Airlines is planning to transfer its stake in wholly-owned subsidiary China Eastern Airlines Logistics Co., Ltd. to another subsidiary of its parent holding company.

12/08/2016|10:58:35 AM|ChinaTravelNews

HNA forms Shen Niao Airlines to tap southwestern market

Hainan Airlines will form a new airline company called Shen Niao Airlines in a total investment of RMB 3 billion.

11/29/2016|4:58:55 PM|ChinaTravelNews

China Eastern plans to restructure as an investment firm

China Eastern Airlines has filed an application to the state authority to restructure itself into a “state-owned investment company with airline characteristics.”

11/14/2016|9:45:16 AM|ChinaTravelNews
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