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Hainan Airlines wants to expand its activities

Beijing, China - The carrier will present soon a new shares' emission

Hainan Airlines decide a new shares’ emission for a value of USD 700 million. The carrier wants in this way to increase its fleet of aircraft to compete with the other important Chinese airlines. Hainan’s Chairman Chen Feng specified that he has the intention to double the fleet within the 2010, carrying it to 200 planes, and to change its name in Grand China Air, after the acquisition of some lit...

AVIONEWS - World Aeronautical Press Agency - 144092
Rome, Italy, 07/05/2006 18:35
AVIONEWS - World Aeronautical Press Agency

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