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
Yangtze River Express
Yangtze River Express starts Munich-Shanghai
With the launch of a new service on 31 March 2015 by the Chinese cargo airline Yangtze River Express, Munich Airport now offers five weekly cargo flights to China. The B747-400 freighter will arrive in MUC on Tuesdays and Thursdays from Amsterdam and on Wednesdays, Fridays and Saturdays from Brussels before departing for China, landing first in Tianjin and then continuing to Shanghai. The opening of the new route was marked by a special ceremony at Munich Airport on Tuesday evening. The … [Read more...] about Yangtze River Express starts Munich-Shanghai
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
Yangtze River Express begins DFW service
China’s Yangtze River Express, majority owned by the Hainan Air Group (85 per cent) with Hainan Airlines Co (5 per cent) and Shanghai Airport Group (10 per cent), has launched a new four-times weekly service between Shanghai Pudong International Airport and Dallas Fort Worth (DFW) International Airport. This is the second US destination for the carrier, after Los Angeles, and the fourth international destination and this new service will route via Los Angeles and continue to DFW … [Read more...] about Yangtze River Express begins DFW service
