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Hainan Airlines takes 13% stake in VA
Both airlines expected to form a joint alliance and stake expected to grow to 19.99% of Virgin over time. It's actually HNA Avion Group which is taking the stake, which has a few airlines:
Member companies under HNA Aviation include Grand China Airlines, Hainan Airlines, Tianjin Airlines, Lucky Air, West Air, Yangtze River Express, my Cargo, Ghana AWA Airlines, Aigle Azur Ailine, HNA Technik, HNA Sales, HNA Aviation Academy, HNA Cargo, myTECHNIC, etc. http://www.smh.com.au/business/aviat...30-gp7peo.html Not sure I would fly with lucky air! Last edited by MarkR; 31st May 2016 at 09:36 AM. |
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