Company Overview of HNA Group Co., Ltd.
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
Founded in 1998
Key Executives for HNA Group Co., Ltd.
Vice Chairman and Chief Executive Officer
Vice Chairman and President
Compensation as of Fiscal Year 2014.
HNA Group Co., Ltd. Key Developments
HNA Plans To Sell Hong Kong Airlines Stake To Third Party
Sep 9 14
HNA Group Co., Ltd. seeks to divest its indirect stake in Hong Kong Airlines Ltd. to an independent third party in order to eliminate possible same-business competition between Hong Kong Airlines and Hainan Airlines Co., Ltd. (SHSE:900945). A Hainan Airlines statement shows that Hong Kong Airlines is preparing a share offering. Independent operation and share issuance of Hong Kong Airlines would be influenced if HNA Group injected the interest it holds in Hainan Airlines. Hong Kong Airlines discloses that the third party is most likely a long-term business partner of HNA Group in Hong Kong Airlines.
Hainan Airlines Plans To Acquire HNA's Subsidiaries
May 23 14
Hainan Airlines Co., Ltd. (SHSE:900945) is planning to acquire HNA Group Co., Ltd.'s stakes in its subsidiaries within three years from 2012 to 2015. The acquisition will include stakes in Tianjin Airlines Co. Ltd., West Air Company Ltd., Hong Kong Airlines Ltd. and Beijing Capital Airlines Co. Ltd. Hainan Airlines will also acquire Grand China Air Co., Ltd. by 2017.
Hainan Intends To Acquire Stake In Grand China Airlines
Apr 7 13
HNA Group Limited’s Chairman, Chen Feng said that Hainan Airlines Co., Ltd. may look at acquiring a 5.561% stake in Grand China Airlines Holding Corp. Ltd. He said Hainan Airlines which is already a shareholder of Grand China Air, intends to increase its stake. He added that the company will step up offshore acquisitions as long as the time is ripe. On March 1, 2013, China Shenhua Energy Co. Ltd. put its 5.561% stake in Grand China Airlines up for sale for ¥1 billion ($161.3 million). The offer is valid till March 28, 2013. The 5.561% stake is valued at ¥960 million.
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