The provincial government of Jiangsu in eastern China is negotiating to buy a stake in HNA subsidiary Suparna Airlines, industry sources said. The stake is likely to be large, since the sources said the government wants to move the airline’s base from Shanghai to the provincial capital, Nanjing, and change the name to Jiangsu Airlines. Such changes would make Suparna typical of other HNA carriers that are partly owned by local governments, which usually hold stakes of at least ...

Subscribe to Access this Entire Article

"China’s Jiangsu province in talks to buy stake in HNA’s Suparna" 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.