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HNA Group looks to local aviation investments

written by australianaviation.com.au | July 26, 2010
HNA holds a significant stake in Hong Kong Airlines.

The Chinese HNA Group has announced that it is looking to invest up to US$200m (A$223m) in Australian air transport, airport management and other tourism and hospitality operations as part of a major push to expand its presence in the country.

As part of the push, the HNA Group’s entire board and 318 delegates from its key business divisions will visit Sydney in late July to assess investment opportunities. HNA was recently involved in a takeover of Allco’s aviation assets by its affiliate Hong Kong Aviation Capital, which now leases a number of aircraft to Australian operators.

“The HNA Group’s board visit to Australia showcases our commitment to invest in Australia and continue to expand our presence in this market,” said Adam Tan, executive director and chairman of the HNA Group. “We have a long term view to deploy significant capital in the Asia Pacific region and Australia is at the core of our international expansion strategy.”

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HNA is the parent company of Hainan Airlines and also holds a significant stake in Hong Kong Airlines as well as having other diversified interests around the world.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

HNA Group looks to local aviation investments

written by australianaviation.com.au | July 26, 2010
HNA holds a significant stake in Hong Kong Airlines.

The Chinese HNA Group has announced that it is looking to invest up to US$200m (A$223m) in Australian air transport, airport management and other tourism and hospitality operations as part of a major push to expand its presence in the country.

As part of the push, the HNA Group’s entire board and 318 delegates from its key business divisions will visit Sydney in late July to assess investment opportunities. HNA was recently involved in a takeover of Allco’s aviation assets by its affiliate Hong Kong Aviation Capital, which now leases a number of aircraft to Australian operators.

“The HNA Group’s board visit to Australia showcases our commitment to invest in Australia and continue to expand our presence in this market,” said Adam Tan, executive director and chairman of the HNA Group. “We have a long term view to deploy significant capital in the Asia Pacific region and Australia is at the core of our international expansion strategy.”

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HNA is the parent company of Hainan Airlines and also holds a significant stake in Hong Kong Airlines as well as having other diversified interests around the world.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

HNA Group looks to local aviation investments

written by australianaviation.com.au | July 26, 2010
HNA holds a significant stake in Hong Kong Airlines.

The Chinese HNA Group has announced that it is looking to invest up to US$200m (A$223m) in Australian air transport, airport management and other tourism and hospitality operations as part of a major push to expand its presence in the country.

As part of the push, the HNA Group’s entire board and 318 delegates from its key business divisions will visit Sydney in late July to assess investment opportunities. HNA was recently involved in a takeover of Allco’s aviation assets by its affiliate Hong Kong Aviation Capital, which now leases a number of aircraft to Australian operators.

“The HNA Group’s board visit to Australia showcases our commitment to invest in Australia and continue to expand our presence in this market,” said Adam Tan, executive director and chairman of the HNA Group. “We have a long term view to deploy significant capital in the Asia Pacific region and Australia is at the core of our international expansion strategy.”

Advertisement
Advertisement

HNA is the parent company of Hainan Airlines and also holds a significant stake in Hong Kong Airlines as well as having other diversified interests around the world.

Steer your own in-flight experience – available on print and digital Whether our classic glossy magazine in your letterbox, daily news updates in your inbox, peeling back a few layers in the podcast or our monthly current affair reports, you can count on us to keep you up to date. Sign up today for just $99.95 for more exclusive offers here. Subscribe now at australianaviation.com.au.

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