Boeing Shanghai Aviation Services Co., Ltd., (Boeing Shanghai) has redelivered the third of three B737-400 passenger-to-freighter conversions to Hainan Airlines and Yangtze River Express, both subsidiaries of the HNA Group. The modification was conducted under the Supplemental Type Certificate held by Aeronautical Engineers, Inc. (AEI). With this redelivery Boeing Shanghai will have completed five conversions at their facility, which is strategically located at Shanghai’s Pudong … [Read more...] about Boeing Shanghai redelivers B737-400 Freighter conversion
Hainan Airlines
Hainan Air to get $440 million bailout
Hainan Airlines is set to get a capital injection of US$440 million from its parent company and the Hainan provincial government by selling them new shares, according to Dow Jones. Hainan Airlines' debt-to-asset ratio will fall to around 81 per cent after the injection, an un-named source was quoted as saying. The carrier had a debt-to-asset ratio of 87 per cent at the end of March. The airline joins other Chinese carriers, including China Eastern Airlines, China Southern Airlines and Shanghai … [Read more...] about Hainan Air to get $440 million bailout
HNA and Global Putra join forces in Indonesia
China's HNA Group, parent of Hainan Airlines and Indonesia's PT Global Putra International will jointly invest in aviation, airport management, and hotel projects in Indonesia, Dow Jones reported. As a first step, HNA Group's Hainan Airlines will serve the Beijing-Jakarta and Shanghai-Jakarta routes, as well as the Beijing-Bali, Shanghai-Bali, Beijing-Yogyakarta and Shanghai-Yogyakarta routes. … [Read more...] about HNA and Global Putra join forces in Indonesia
Grand China Express becomes Tianjin Airlines
Hainan Airlines Group has announced plans to relaunch its Grand China Express Airlines subsidiary as Tianjin Airlines from early June. Grand China had been operating 10 E-190s, 12 ERJ-145s and 29 Do 328-300s on more than 80 domestic routes. The Tianjin government agreed, in December, to inject CNY200 million (US$29.3 million) into Grand China, giving it a 15.4 per cent stake in the new carrier, with Hainan holding 83.4 per cent and its subsidiary, Hainan Airlines holding the remainder. By 2012 … [Read more...] about Grand China Express becomes Tianjin Airlines
