Deals
Turkish Airlines Shows Interest in HNA’s Virgin Australia
- Turkey’s flagship carrier among suitors for HNA’s 20% stake
- Deliberations are early stage and may not lead to a deal
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Turkish Airlines is interested in HNA Group Co.’s minority stake in Virgin Australia Holdings Ltd. as it seeks growth in the Asia-Pacific region, according to people familiar with the matter.
Turkey’s national flag-carrier is among companies looking at HNA’s 20% stake in the Australian airline, said the people, asking not to be named because the discussions are private. Deliberations are preliminary and may not result in a deal, the people said.