Hainan Airlines to invest more than $159 million in Fuzhou subsidiary

Hainan Airlines A330-200. By Rob Finlayson Hainan Airlines (HU) plans to invest more than CNY1 billion ($159 million) in its new subsidiary, Fuzhou Airlines, to be launched in conjunction with the Fuzhou provincial government ( ATW Daily News, Aug. 20 ). According to an industry insider, HU would be...

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