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Hainan Airlines discloses more details of assets restructuring plan

Credit: Rob Finlayson
China’s Hainan Airlines Holding has unveiled further details of its assets restructuring plan, which include circulating 3.4 billion shares to take over stakes owned by parent HNA Group’s with an investment of CNY10.5 billion ($1.6 billion) and circulating non-public A shares to 10 investors to raise no more than CNY7 billion.

 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.