Hainan Airlines Group (HNA), parent of Hainan Airlines, is expected to invest in Kenya’s cargo carrier Astral Airlines as it further expands into the African market. HNA Group signed a memorandum of understanding with the China-Africa Development Fund, Astral Aviation and the Consolidated Bank of Kenya to provide technical support and aircraft lease service to the Nairobi-based airline. The investment amount and ownership structure have not yet been decided. Astral Aviation started ...

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