Hainan Airlines on Tuesday relaunched Chongqing-based China West Air in conjunction with Chongqing Yufu Capital Management Co., which is controlled by the Chongqing municipal government. HNA didn’t reveal the exact figure but noted the combined investment was CNY3 billion ($460.8 million). China West Air was initially launched in 2006 with a registered capital of CNY80 million. HNA subsidiary Lucky Air and Jianying Investment Co. both hold a 35% stake and Shenzhen Guorui Investment ...

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