Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 05, 2015 6:19 PM ET

Industrial Conglomerates

Company Overview of HNA Group Co., Ltd.

Company Overview

HNA Group Co., Ltd., a multi-business conglomerate, engages in the airport services, air transportation, real estate, hotel and catering, travel services, commercial retail, logistics and transportation, financial services, culture industry, and network information technology businesses. The company is involved in the provision of trunk line and regional airline, business jet, air cargo, helicopter, tourist charter, corporate and private charter, and scheduled passenger services; airport investment, airport restructuring, airport operation and management, and related ground and consultancy services; and ownership and management of airports. It also engages in the development of luxury hotels...

New HNA Plaza

7 Guoxing Road

Haikou,  570203

China

Founded in 1998

Phone:

86 898 6673 9906

Fax:

86 898 6679 8976

Key Executives for HNA Group Co., Ltd.

Vice Chairman and Chief Executive Officer
Age: 52
Vice Chairman and President
Age: 48
Compensation as of Fiscal Year 2015.

HNA Group Co., Ltd. Key Developments

The Ningbo Municipal Government and HNA Group to Jointly Set Up Ningbo Airlines

The Ningbo Municipal Government and HNA Group signed an all-round strategic partnership agreement on June 8, 2015, which will cooperate in aviation, industry and regional development. The two sides will jointly set up Ningbo Airlines, taking Lishe Airport as base, and will grow fleet to 16 to 20 aircrafts. The two will establish Ningbo General Aircraft, developing business jet, helicopter and seaplane operations. Moreover, the two will jointly build smart airport and build logistics business to develop marine, land and air transport. In addition, the two plan to build an airport industrial park and develop aircraft maintenance, warehousing and logistics and cold-chain manufacturing.

NetEase and HNA Group Establish Internet Travel Company

NetEase Inc. announced that its wholly-owned subsidiary Lede Technology Co., Ltd, (Lede Technology) has signed a partnership agreement with HNA Group to form a joint venture company (Joint Venture), in order to establish an all-new Internet travel company. In December 2014, the two companies had signed a strategic framework cooperation agreement to become partners in the sectors of Internet travel and travel finance. For the new Joint Venture just announced, Lede Technology will leverage its strong experience and knowledge of Internet technologies to provide the Joint Venture with technical and marketing support, while HNA Group will utilize its operational expertise in the tourism and travel finance sectors to take charge of the Joint Venture's new products and initiatives.

HNA Denies Intention To Take Stake In PIAA

Foreign media said that HNA Group Co., Ltd. intended to take stake in Pakistan International Airlines Corporation (KASE:PIAA). But the news was denied by vice president of the former, telling reporters that they have no knowledge. In recent years, uprising airlines in Gulf Region impacted performance of Pakistani companies. Last September, Minister of State for Privatization Mohammad Zubair revealed plans for local government to spin off Pakistan International Airlines into two companies in the future 18 months, selling controlling right to an international airline.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 16, 2015
Red Lion Hotels Corporation
Private Placement
April 13, 2015
Hainan Airlines Co., Ltd.
Private Placement
January 6, 2015
HNA Logistics Co., Ltd.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HNA Group Co., Ltd., please visit www.hnagroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.