China’s HNA Group acquires 23.7% of Brazil’s Azul Airlines for US$450 million
China’s HNA Group has acquired a 23.7% stake in Brazil’s Azul Airlines (Azul) through its subsidiary, Hainan Airlines, the agreement first disclosed in November last year. Aside from Azul and a pending investment US$114 million for a 13% stake in Virgin Australia, HNA Group also has a stake in Africa World Airlines, Aigle Azur, Comair […]
China’s HNA Group acquires 23.7% of Brazil’s Azul Airlines for US$450 million Read More »