China’s HNA Group, which owns Hainan Airlines, has agreed to take a stake in Kumho Asiana Group, the parent company of South Korea’s Asiana Airlines. The Korea Herald reports that HNA will invest KRW160 billion (approx. US$139 million) in the Korean company. This follows an initial cooperation last year when Asiana jointly invested with HNA […]
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Caissa Tourism Group, the Chinese travel giant operated by the HNA Group, used this week’s ITB Berlin to introduce 12 new inbound routes. Designed to “boost inbound tourism from multiple perspectives, such as culture, gastronomy, outdoor sports and cruising”, according to Caissa, the tours form part of the Chinese government’s ‘Belt and Road Initiative’ which
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Vanuatu, the island nation in the South Pacific, has received a major tourism boost following the signing of an agreement with HNA Tourism Group, the Chinese travel giant. Â The new Strategic Cooperation Agreement was signed in Hong Kong recently between the Prime Minister of Vanuatu, Charlot Salwai, and the chairman & CEO of Hainan
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Virgin Australia will launch its first ever flights to China – including Hong Kong – as part of a major alliance with China’s HNA Group. First announced in May 2016, the partnership will see HNA take an equity stake in the Australian carrier, which could eventually reach 20%. And the operational terms of the alliance
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