HNA Group’s Hainan Airlines said it will optimize its aircraft fleet structure by selling two Boeing 737-400 to affiliate Tianjin Cargo Airlines. The buyer, also part of the HNA Group, will pay $14.5 million for the aircraft, Hainan Airlines said.  Hainan Airlines owns HNA’s shares in various Chinese mainland passenger airlines, mostly in partnership with local governments. “This transaction, with disposition of old aircraft and hardware, will optimize the structures ...

Subscribe to Access this Entire Article

"Hainan Airlines sells two 737-400s to cargo affiliate" 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?

Already registered? here.