Fraport AG is selling its stake in Xi’an Airport (XIY) in central China after 14 years, the group announced last week. Under an agreement signed on March 31, Fraport is letting go of its entire 24.5 percent stake in Xi’an Xianyang International Airport (the airport’s operating company) to Chang’an Huitong for RMB1.11 billion or around US$174.4 million. Fraport chief Dr. Stefan Schulte expressed satisfaction on the good work done with the airport but also some disappointment at the move to … [Read more...] about Fraport divests stake in China’s Xi’an airport
Xi'an Xianyang International Airport
Suparna Airlines opens Xi’an-Hahn Cargo Airline
The B747 Cargo Aircraft of Suparna Airlines, subsidiary of HNA Modern Logistics slowly came out on to the runway of Xi'an Xianyang International Airport - marking the official opening of Xi'an-Hahn cargo airline, as the second European cargo airline of Suparna Airlines after Xi'an-Amsterdam. That cargo airline utilizes the B747 Cargo Aircraft, which is scheduled to run one flight per week, with major transportation of electronic and mechanical products. The first flight has … [Read more...] about Suparna Airlines opens Xi’an-Hahn Cargo Airline
