Hainan Airlines Group
HNA Group, the parent of China's fourth-largest airline, Hainan Airlines, is the fourth-largest airline group in China and currently owns 12 airlines, 11 airports, 51 hotels, five shipping companies, 13 finance firms and two business groups.
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Hainan Airways Group expands Zhejiang shipping business
HNA Group, is to take a 50 percent stake in Zhoushan Jinhaiwan Shipyard in Zhejiang province and has signed an agreement with Zhejiang Energy Group to set up a joint venture that will be engaged in coal and ore transportation.
Under the Jinhaiwan agreement, HNA Group will hold a 50 percent stake in the company and has made an order of 30 ships. Jinhaiwan aims to increase its profit to RMB1.7bn in 2010.
Other Hainan Airlines Group news
- Jiaxin cuts Hainan Airlines holdings by 2.25pct, Guotai Junan maintains "overweight" rating
2009-07-14

