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Search results for “HNA Airlines”
HNA's problems mount as airlines delay payments
01/17/2018
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11:29:10 AM
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Underlining the growing concern by lenders over HNA's repayment obligations, the Beijing-based Exim set up a team this month to handle its debt, which the conglomerate is struggling to repay.
HNA's airlines miss lease payments
12/06/2017
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9:59:10 AM
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Airlines owned by Chinese conglomerate HNA Group have missed payments due on leased aircraft, the chief executive of lessor Aergo Capital has told industry publication FlightGlobal.
HNA unit Hainan Airlines to increase stakes in three carriers
10/16/2017
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9:28:02 AM
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Hainan Airlines, a unit of China’s HNA Group, moved to increase its stakes in three domestic carriers for 5.6 billion yuan ($850 million), continuing a buying spree as Beijing steps up scrutiny of the parent company’s acquisitions.
Cathay Pacific completes buyout of Hainan Airlines-backed HK Express
07/23/2019
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1:44:55 PM
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The deal means that Cathay Pacific, a traditional business-oriented airline, has wiped out a direct competitor in the Hong Kong market and made up for its shortcomings in low-cost flights.
Hainan Air plans to raise $1 billion in sale of shares to multiple investors
06/11/2018
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8:30:33 AM
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Hainan Airlines Holding is seeking to sell shares listed in Shanghai to investors including a unit of Singapore’s sovereign investment fund Temasek, according to a statement Saturday.
Layoffs start as Cathay Pacific completes HK Express acquisition
07/25/2019
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5:40:47 PM
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Cathay’s Asia Miles loyalty programme is expected to takeover HK Express’ Reward-U loyalty programme while HK Express’ holiday arm U-Fly Holidays is expected to be folded into Cathay Pacific Holidays.
Hainan Airlines says asset restructuring could lead to change of control
05/18/2018
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9:09:29 AM
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Hainan Airlines, a carrier affiliated with embattled HNA Group, said a Chinese provincial regulator was its controlling entity but flagged that control of the firm may change hands amid a widespread restructuring of its assets.
Hainan Airlines to expand global network
06/21/2019
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6:01:26 PM
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By 2022, Hainan Airlines will launch more than 40 new international flights that depart from Hainan province.
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