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Search results for “HNA”
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.
HNA to pump ¥50 billion to promote digital transformation with HiApp
10/18/2017
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5:40:17 PM
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HNA plans to pump ¥50 billion into tourism digital transformation by supplying public service products for innovators and services to innovative enterprises that offer unique services and technology.
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.
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.
HNA Group says will keep investing in US
09/27/2017
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9:56:17 AM
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HNA Group, one of the most acquisitive Chinese buyers of overseas assets, will keep investing in the United States, the conglomerate’s Chief Executive Officer Adam Tan said on Tuesday.
Swiss Takeover Board asks China's HNA to clarify ownership
09/21/2017
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2:24:29 PM
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The Swiss Takeover Board has asked China’s HNA Group to clarify its ownership structure by October 3 the apparent discrepancies since its $1.5 billion takeover last year.
Radisson plans to triple rooms in China despite US trade war
06/27/2018
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9:47:33 AM
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The growth trend in China’s travel market is moving away from luxury toward mid-scale, affordable brands.
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