Hainan Airlines Group (HNA) subsidiary West Air will receive additional capital from its stakeholders to accelerate the consolidation process. Hainan Airlines plans to invest an additional CNY1 billion ($163 million); West Air Holding Co. will inject CNY114 million; Jianying Investment Limited Co. will add CNY876 million; and a new, unidentified investor will put in CNY10 million. Hainan Airlines stakeholders are expected to vote on the deal in early January. If the deal is approved, ...

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