Beijing Capital Airlines has embarked on its first ever long-haul flights, connecting two Chinese cities with Copenhagen twice weekly with A330 equipment. The airline, which is a subsidiary of HNA Group, commenced services from Hangzhou to Copenhagen on 3 September, followed by a new Beijing-Copenhagen service on 6 September. These new routes mark not only Beijing Capital Airlines’ first European flights, but also the first services directly linking the Danish capital with mainland … [Read more...] about Beijing Capital Airlines launches Copenhagen services
HNA Group
HNA Group in talks to acquire Swissport
HNA Group Co., owner of China’s fourth-largest airline, is said to be in talks to acquire ground handler Swissport International Ltd., according to a Bloomberg report quoting unnamed sources. The report said Swissport’s private-equity owner PAI Partners SAS is seeking about US$3 billion from a sale, but negotiations have dragged on for several months, held up by disagreement over the price, according to the sources. Swissport provides ground services for around 229 million passengers and … [Read more...] about HNA Group in talks to acquire Swissport
Bohai Leasing to take 20% stake in Avolon Holdings
China-based leasing company Bohai Leasing is to buy a 20 per cent stake in Ireland-based Avolon Holdings for US$429 million. A unit of China's aviation and shipping conglomerate HNA Group, Bohai expects the offer to be formally launched by end-July following the approval of its shareholders. The transaction will provide HNA access to a global aircraft leasing market that is currently dominated by GE Capital and AerCap Holdings. Avolon chairman Denis Nayden said: "Our objective at Avolon is to … [Read more...] about Bohai Leasing to take 20% stake in Avolon Holdings
Hainan Airlines buys 30 B787-9s
China’s fourth-largest carrier said it plans to order 30 B787-9 aircraft as it seeks to expand international routes to tap into growing demand for overseas travel from China. The order would be the biggest this year for the jet, worth US$7.7 billion according to list prices. It would also boost the aircraft maker’s 787 programme backlog to 855 planes. The order is expected to have a volume discount and will be for delivery before 2021. In another notice, Hainan Airlines said it … [Read more...] about Hainan Airlines buys 30 B787-9s
Boeing Shanghai redelivers B737-400 Freighter conversion
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
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
