Hainan Airlines 737-800. Photo: By Rob Finlayson. Haikou-based Hainan Airlines Group sealed a deal to invest in Istanbul-based cargo carrier ACT Airlines. HNA, which has made clear that it wants to invest abroad (ATW Daily News, July 19), didn't reveal how much money it will put into ACT or how large its holding will be. ACT was launched in 2004 and operates a fleet of four Airbus A300-B4 freighters. Its fleet is expected to expand to 10 aircraft in the next two years, aided in ...

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