Search results for “aviation industry”
HNA forms ecological technology group as sixth pillar
03/31/2016|2:15:04 PM|
HNA Ecological Technology Group has been officially set up in Haikou and becomes the 6th pillar of HNA Group after the conglomerate’s established presence in aviation, investment, tourism, finance and logistics. The eco-tech group has started “searching for acquisition targets around the globe”.
HNA-Caissa’s net income leaps 129.72% in 2015
03/08/2016|6:30:42 AM|
HNA-Caissa recorded annual revenue of RMB 4.935 billion in 2015, with travel service accounting for RMB 4.259 billion. Net income applicable to common shareholders was RMB 206 million, up by 129.72% YoY.
HNA Group generates RMB 13.7 billion from New Third Board listings
02/03/2016|11:37:59 AM|
HNA Group made it to Fortune Magazine’s Top 500 list for the first time in 2015, ranking 464th with total revenue of USD 25.6 billion in the previous year. The company announced on January 28 that its total revenue in 2015 was RMB 188.1 billion (about USD 28.59 billion) in 2015.
China Southern and Hainan Airlines cut ties with Qunar as parting gift for 2015
01/06/2016|4:37:15 PM|
China’s tourism industry has been struck by the shocking announcements that China Southern Airlines and Hainan Airlines are terminating their partnerships with Qunar.
China’s small and medium airports operating at 80% loss
12/03/2015|6:02:11 PM|
CAAC distributed a total of RMB1.211 billion in subsidies to 146 airports. In 2014, 135 small and medium airports received a total of RMB1.079 billion in handouts.
China will invest US$77.9 billion to build 58 airports
11/26/2015|12:38:20 AM|
A total of 178 new airports are under construction in the Asia Pacific region as of June 2015 and China accounts for a third of those projects.
Nanshan Group acquires the Pullman Sydney Airport Hotel for AUD$84 million
12/15/2015|11:16:31 PM|
Chinese conglomerate Nanshan Group has acquired the Pullman Sydney Airport Hotel for approximately AUD$84 million.
HNA Group invested in Azul Brazilian Airlines
11/25/2015|6:03:51 PM|
HNA Group to make USD $450 million strategic investment in Azul for 23.7% stake
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