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Hainan Airlines: George Soros about to invest USD 25m in the Chinese carrier

Beijing, China - US financier will be in Hainan island in the week-end

Hainan Airlines is the fourth Asian carrier and George Soros already owns a 14.8% stake in the Chinese airline. Sources close to the carrier stated that this financier intends to invest additional USD 25m in Hainan Airlines, within the reorganization plan and, most of all, for the airline’s growth, with a first investment worth USD 24m payed in 1995, a new agreement could be signed this week-end, w...

AVIONEWS - World Aeronautical Press Agency - 129049
Rome, Italy, 10/14/2005 19:00
AVIONEWS - World Aeronautical Press Agency

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