China’s HNA Group is continuing its flurry of airline and aviation acquisitions, entering exclusive talks to buy 49.99% of Air France’s Servair catering arm. Over the last year, HNA Group has acquired—or entered talks to acquire—a 13% stake in Virgin Australia, 7% of Atlantic Gateway (which owns 50% of TAP Portugal), 23.7% of Brazilian carrier Azul, Irish lessor Avolon, cargo handler Swissport International and catering firm Gategroup Holdings. Air France said it ...

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