China’s HNA Group is continuing its flurry of airline and aviation acquisitions, entering exclusive talks to buy 49.99% of Air France’s Servair catering arm. Over the last year, HNA Group has acquired—or entered talks to acquire—a 13% stake in Virgin Australia, 7% of Atlantic Gateway (which owns 50% of TAP Portugal), 23.7% of Brazilian carrier Azul, Irish lessor Avolon, cargo handler Swissport International and catering firm Gategroup Holdings. Air France said it ...

Subscribe to Access this Entire Article

"HNA Group seeks 49.99% of Air France’s catering unit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.