China’s HNA Group subsidiary Guilin Airlines made its inaugural flight from Guilin to Zhengzhou June 25. The new venture has a registered capital of CNY600 million ($94 million), comprising 60% ownership by Guilin Tourism Development (with a CNY360 million investment) and 40% ownership by Guilin Air Travel Group (with a CNY240 million investment). Guilin Air Travel Group is a joint venture launched by HNA Group and the Guilin municipal government.         In ...

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