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59-496: In July 2017, HNA Group ranked No. 170 in 2017 Fortune Global 500 list with a revenue of $ 53.335 billion. It is one of the most active investment companies in the world, acquiring numerous assets under its name. In 2021, the corporation declared bankruptcy after debt restructuring efforts failed. On December 8, 2021, Liaoning Fangda Group Industrial acquired HNA's aviation division. Later, on December 24, Hainan Development Holdings Co., Ltd. acquired HNA's airport division, and marked

118-403: A 45% holding in the airline by purchase of convertible notes held by Yu Ming Investments, which was to be injected into its new airline holding company, Grand China Air . Two months later, Mung Kin-keung ( 蒙建強 ) acquired the remaining 55% of the airline and became the controlling shareholder on 7 August and its director on 13 August. Mung's previous main business interest had been a 30% holding in

177-580: A US information technology company. HNA Group was then advised by China International Capital Corporation in the transaction. In July 2017, HNA was targeted by the Central Government in a set of new measures that prohibit state-owned banks from lending money to Chinese private companies to curb their foreign investment activities and also over concerns about HNA's debt levels. Several banks associated with HNA's foreign investments halted new loans since, though some had already suspended their grants before

236-435: A criminal complaint against HNA Group for repeatedly filing false disclosures of its shareholding structure. Fortune Global 500 The Fortune Global 500 , also known as Global 500 , is an annual ranking of the top 500 corporations worldwide as measured by revenue . The list is compiled and published annually by Fortune magazine. Until 1989, it listed only non– United States industrial corporations under

295-524: A hotel in New York City . HNA Group has spent more than US$ 3 billion on foreign acquisitions. It intends to be one of the top 50 companies in the world by 2030. In October 2005, Soros Quantum Fund invested $ 25 million stake in HNA Group. On February 18, 2016, HNA reached an agreement to acquire Ingram Micro Inc , a California-based technology distributor, for $ 6 billion, in the largest Chinese takeover of

354-529: A remote hotel in the United States. HNA Capital deals with financial services and investment banking . It has over 30 member companies, such as Bohai Trust . HNA Holdings is involved in real estate and the retailing industry . Subgroup HNA Airport Group operates 16 airports across China, including the airports in Haikou , Sanya , Weifang , Dongying , Yichang , Anqing , and Yingkou . HNA Logistics

413-593: A restaurant operator, Banana Leaf (Asia Pacific) Catering Group Company Ltd. On 22 September 2006, CR Airways Ltd officially changed its name to Hong Kong Airlines Ltd, with a launch ceremony on 28 November 2006. The airline also introduced a new logo, which represents a bauhinia flower, the symbol of Hong Kong where the airline is anchored. The airline made the biggest aircraft order in its young history on 21 June 2007, ordering 51 narrow - and wide-body aircraft from European plane maker, Airbus , at an estimated value of US$ 5.6   billion. The airline's IATA code

472-520: A revised AOC from the director-general of Civil Aviation. It operated its first passenger service the next day. It started passenger charter operations to Laoag , Philippines on 5 July 2003, with a Bombardier CRJ200 leased from GE Capital Aviation Services . In September 2003, the airline applied for traffic rights to operate scheduled passenger services to Laoag and the Chinese cities of Jinan , Naning , Meixian and Wenzhou . In addition, Yip sold 40% of

531-699: Is an airline based in Hong Kong , with its headquarters in the Tung Chung district and its main hub at Hong Kong International Airport . It was established in 2006 as a member of the HNA Group and flies to 25 destinations across Asia–Pacific . The company slogan was changed from Fresh + very Hong Kong to Where Hong Kong Begins . Robert Yip (Chinese: 葉光 ), the chairman of China Rich Holdings, established CR Airways in Hong Kong on 28 March 2001. The airline received its air operator's certificate (AOC) from

590-828: Is engaged with shipbuilding , marine cargo transport, air cargo , and other elements of logistics . HNA Innovation Finance is headquartered in Hong Kong; its main business covers bulk commodity trading, financial investment and consumer finance products and services. HNA Innovation Media and Entertainment . The shares of HNA Group were owned by two companies directly: Hainan Jiaoguan Holding ( Chinese : 海南交管控股 ; pinyin : Hǎinán jiāoguǎn kònggǔ ; lit. 'Hainan Traffic Administration Holding') for 70% and Yangpu Jianyun Investments ( Chinese : 洋浦建运投资 ) for 30%. Two companies originally were incorporated by Chinese state-owned enterprises, such as Haikou Meilan International Airport . Hainan Traffic Administration Holding

649-511: Is involved in the tourism industry . Subgroup HNA Hospitality Group operates several resorts, business hotels, boutique hotels , and the Tangla hotel chain. In 2015, the HNA Group purchased a failing hotel in Kerhonkson, New York , in upstate New York. The Hudson Valley Resort & Spa was featured on an October 2017 Planet Money podcast exploring why a Chinese multinational company would invest in

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708-445: Is the list of Top 10 companies: As of August 2020 , this is the list of the Top 10 countries with the highest earning Top 500 companies: The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries. The following are the top-ranked companies in 2020 for each sector: As of August 2020 , just 24 (5%) of

767-532: The COVID-19 pandemic in early 2020 further worsened HKA's financial crisis. On 7 February 2020, the airline announced that it was cutting 400 positions (equivalent to 10% of its workforce), mainly pilots and cabin crew . It also asked remaining staff to take two months of unpaid leave, or to switch to a three-day work week. On 18 February, HKA announced that it would suspend in-flight services such as food, drinks, pillows, and blankets to protect customers and crew during

826-537: The Hong Kong Civil Aviation Department (CAD) in 2002, with its first aircraft a Sikorsky S-76 C+ helicopter, which could carry 12 passengers and fly at 285 kilometres per hour (177 mph). It was Hong Kong's third commercial helicopter operator and the first helicopter operator to receive an AOC since Hong Kong became a special administrative region of China . On 27 June 2003, CR Airways became Hong Kong's third passenger airline after receiving

885-458: The Hong Kong Civil Aviation Department . In June, Skytrax ranked Hong Kong Airlines as the second-best regional airline and 24th-best internationally. In August, Atlas Air announced that it had placed three 747-400 freighters with Hong Kong Air Cargo. The first aircraft was to enter service in September 2017, serving routes between the United States and Asia. Delivery of the remaining two aircraft

944-769: The State-owned Assets Commission of Hainan Province (2006–2021) and subsequently the Liaoning Fangda Group (2021–). The company had a legal battle over corporate ownership in 2019. The airline's head office is at One Citygate in Tung Chung , close to Hong Kong International Airport. SATS Hong Kong Ltd. (SATS HK) is a joint venture with SATS Ltd. which provides passenger self-handling and ramp services at Hong Kong International Airport and HKA Holidays Ltd. (HKA Holidays) offers travel products, including fixed charter flight tickets, tour packages, and hotel accommodation. In 2015, Hong Kong Airlines

1003-644: The Airbus A330 operations from the Hong Kong Civil Aviation Department. Scheduled flights to Moscow were launched later that month. In September 2010, the airline introduced its first Airbus A330F cargo freighter, on a route from Hong Kong to Hangzhou. It officially joined the IATA the next month. In 2011, Hong Kong Airlines was awarded a 4-star rating by Skytrax . Its passenger traffic exceeded one million, serving 19 destinations. On 8 March 2012,

1062-540: The Fortune Global 500 companies are located outside East Asia , North America , and Europe : The following are the top-ranked companies in 2022 for each sector: The following is the list of Top 10 companies: As of August 2021 , this is the list of the Top 10 countries with the highest revenues Top 500 companies: As of August 2021 , just 21 (4%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe: The following

1121-429: The Fortune Global 500 companies are located outside East Asia, North America, and Europe: The following is the list of Top 10 companies: As of July 2019 , this is the list of the Top 10 countries with the most Global 500 companies: The Global 500 includes Unilever & Royal Dutch Shell under the heading "Britain/Netherlands", as the company is counted in the tally for both countries. The following are

1180-448: The Global 500 rankings. Most of this growth is accounted for by a rapid increase in the number of Chinese Global 500 companies, of which there were 135 by 2021, increasing from only 10 in 2001. The share of European -based companies also declined, from 158 to 143, over the same period. The following is the list of Top 10 companies in 2023: These are the Top 10 countries/territories with

1239-584: The United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover, the top six (United States, China, Japan, Germany, France and the United Kingdom) are the world's largest economies as estimated by the IMF ( List of countries by GDP (nominal) ). Among the Global 500, 379 companies (75.8%) are from these six countries. The following are the top-ranked companies in 2018 for each sector: The following are

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1298-1177: The World" Student Sponsorship Programme and "School Sharing Workshops". A frequent flyer program, the Fortune Wings Club, is operated by Hong Kong Airlines and its sister airlines Grand China Air, Grand China Express , Hainan Airlines and Lucky Air . Membership benefits include air ticket redemption and upgrade; dedicated First or Business Class check-in counters, Club Autus and Club Bauhinia lounge access, bonus mileage and extra baggage allowance. Business class on long-haul flights has 180-degree flat beds and direct aisle access. Passengers may use two business lounges: Club Autus and Club Bauhinia. They can also earn Fortune Wing Points, depending on their fare class. Most economy class seats do not feature personal televisions (PTV), even on long-haul aircraft. On long-haul flights, passengers are given complimentary tablets, which serve as an in-flight entertainment system, including video-on-demand. Hong Kong Airlines serves 40 destinations (including cargo), but not including codeshare. Hong Kong Airlines codeshares with

1357-424: The airline announced the imminent purchase of two Bombardier CRJ700s from Danish carrier Maersk Air . At the end of the year, a memorandum of understanding with Boeing for the purchase of 10 Boeing 787 Dreamliners and 30 Boeing 737-800s for US$ 3.28   billion took the business to the next level. Some of the aircraft were from a prior Hainan Airlines order. On 27 June 2006, Hainan Airlines secured

1416-425: The airline launched daily flights from Hong Kong to London Gatwick Airport with an Airbus A330-200 aircraft. It operated as an all-Club Class service, featuring 34 "Club Premier" (business class lie-flat beds) and 82 "Club Classic" (cradle style recliner business class) seats. The service lasted only six months. In 2013, Hong Kong Airlines concluded a system-wide strategy review to determine its priority routes for

1475-583: The airline to his company, China Rich Holdings, for HK$ 180   million. By March 2004, the airline had added Siem Reap , Cambodia to its charter network. In April 2005, the Hong Kong Air Transport Licensing Authority (ATLA) granted a five-year licence to transport passengers, cargo, and mail to China; the airline was free to apply for traffic rights to 10 cities in China. Then in July,

1534-540: The boost of travelling markets. On 22 Aug 2024, HKA Chairman Jeff Sun announced that Hong Kong Airlines will reboot the flights to Gold Coast (OOL) in January 2025. At the mean time, Sun claimed they will import three used Boeing 787s from its parent company Hainan Airlines to the long-haul flights from Hong Kong to Canada and USA re-introducing back in 2025; since the fleet of Airbus A350 had been sold in 2023. On 21 November 2024, Chairman of Hong Kong Airlines, Yan Bo

1593-730: The closing of the final chapter in the now defunct HNA Group. In 1993, Chen Feng , Wang Jian , Tan Xiangdong , among others, created Hainan Airlines , with approval by the Hainan Provincial Government. Following a restructuring of the airline in 1997, they founded HNA Group Co. Ltd. in January 2000. Since then, the Group has undergone great diversification , entering multiple industries such as tourism and logistics . It also significantly expanded its involvement with both national and international companies. These include several airlines , NH Hotel Group , Uber , and an office tower and

1652-476: The commercial and operational conditions for airlines active in Hong Kong. On 28 December 2015, Hong Kong Airlines flight HX658 bound for Okinawa became the first departure from the HKIA Midfield Concourse . In April 2017, the firm's air cargo business in Hong Kong was set up as an independent subsidiary cargo airline of Hong Kong ( Hong Kong Air Cargo ), having received its operator's licence from

1711-666: The company and received no compensation for doing so”. HNA Group also sued in exile Chinese billionaire Guo Wengui for defamation in June 2017, which Guo was spreading the rumour on the identity of the true owner of the group. In 2017, the Swiss Takeover Board ruled that HNA Group provided false information regarding Bhisé and Guan on the takeover of Gategroup . In September 2019, the Swiss Financial Market Supervisory Authority announced that it would lodge

1770-454: The company slogan was changed from Fresh + very Hong Kong to Where Hong Kong Begins . In late 2018, a series of leaders resigned from the carrier's management, including its board's two co-chairmen Mung Kin-keung and Zhang Kui, its chief financial officer and vice-chairman, and at least four other directors. Hou Wei, who was vice-president and chief marketing officer at Hainan Airlines, later took over as chairman. The attempted expansion

1829-516: The company. It is expected for the restructuring to take one year to complete. As part of the restructuring, most of the shares of HNA Group will be transferred to its creditors. In September 2021, founder and chairman Chen Feng and CEO Tan Xiangdong were arrested, while Chen's son Xiaofeng remained on HNA's board. The failed to restructuring makes HNA Group forced to split its assets and acquired by different buyers. In December 2021, HNA's aviation including its founding and flagship brand Hainan Airlines,

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1888-518: The heading "Britain/Netherlands", as the company is counted in the tally for both countries. As can be seen from the table above, 425 (85.0%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland, and the United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover,

1947-476: The highest revenues from the Top 500 companies as of August 2023: As of August 2023 , 28 (6%) of the Fortune Global 500 companies are located outside East Asia , North America , and Europe : The following are the top-ranked companies in 2023 for each sector: The following is the list of Top 10 companies in 2022: These are the Top 10 countries with the highest revenues from the Top 500 companies as of August 2022: As of August 2022 , 26 (5%) of

2006-615: The immediate future with key focus areas on the Asia–Pacific region during this period. One new route was established when the Hong Kong–Maldives service was inaugurated. Total passenger traffic had reached over four million and the last of its Boeing aircraft were retired. In 2014, Hong Kong Airlines launched new passenger routes between Hong Kong and Ho Chi Minh City, Tianjin and Kagoshima; they also increased daily flight frequency to Beijing and Shanghai. The airline's lounge service

2065-508: The last Auckland flight departed for Hong Kong on 22 May 2019. HKA also discontinued its Fuzhou service in September 2019, while its San Francisco route was halted in October 2019 – less than two years after its launch in March 2018. In turn, the carrier increased the number of flights to three other short-haul destinations: Haikou , Hangzhou , and Sapporo . By November 2019, HKA

2124-518: The measures were signed into effect. A year after investing, HNA Group was in talks to sell some or all of its 25% share in Hilton Grand Vacations , a timeshare business which had spun off from Hilton Worldwide Holdings the year before. Overall debt in 2017 is said to have reached $ 94 billion at a borrowing cost of $ 5 billion for the full year. To ease the burden, the company disposed of assets worth $ 13 billion. The liquidity shortage also led

2183-474: The most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarters that are physically located inside a city limit. Since 2001, there has been significant change in the geographical distribution of the companies in

2242-442: The non-delivery of up to six Airbus A330 aircraft to be delivered to the group. On 29 January 2021, HNA Group declared bankruptcy after debt restructuring efforts failed. The Hainan High Court criticized the company's corporate governance structure regarding management of its affiliates in the ruling. Hainan Airlines confirmed that it was operating as normal. Creditors were demanding the equivalent of US$ 187 billion in liabilities from

2301-431: The owners also became the 6 shareholders of Jianyun Investments with the same ratio; for newly established Xinhuading, the shareholders were 4 more HNA Group directors Lu Ying ( Chinese : 逯鹰 ), Zhang Ling ( Chinese : 张岭 ) Huang Gan ( Chinese : 黄玕 ) and Huang Qijun ( Chinese : 黄琪珺 ). After much speculation on his identity, Guan Jun, by-then the indirect second largest shareholder of HNA Group (who acquired

2360-630: The pandemic. However, this was later reported to be "a desperate attempt to cut costs" as the airline faced a potential collapse. The following day, the airline announced that it would lay off an additional 170 employees, mostly cabin crew. In June 2021, Hong Kong Airlines announced that it would ground its entire fleet of A320s , leaving only eight A330s flying in the interim and prioritising cargo, as part of its pandemic-survival plan. The plan also called for hundreds more jobs to be cut. Hong Kong Airlines has resumed their flights to Hakodate , Denpasar , Maldives , Saipan and Taichung, Taiwan due to

2419-420: The stake from Bharat Bhisé), donated the stake to a US-registered private foundation Hainan Cihang Charity Foundation, Inc. in 2017. Reuters also interviewed Bharat Bhisé, who had served as a director of several subsidiaries of HNA Group, as well as a business partner in acquisition via Bhisé's owned Bravia Capital as well as a dealmaker, say he hold the shares of HNA Group indirectly, was “an 'accommodation' to

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2478-786: The stake owned by the union, were transferred in 2016. According to the record in the National Credit Information Publicity System, part of the stake (6.78%) of Hainan Traffic Administration Holding held by Zhongxin Airlines Holding was transferred to newly established company Xinhuading. While Jianyun Investments was now owned by HNA Group directors Chen Feng ( Chinese : 陈峰 , 35.05%), Wang Jian ( Chinese : 王健 , 35.05%), Chen Wenli ( Chinese : 陈文理 , 9.23%), Tan Xiangdong ( Chinese : 谭向东 , 6.89%), Li Jing ( Chinese : 李箐 , 6.89%) and Li Xianhua ( Chinese : 李先华 , 6.89%). For Zhongxin Airlines Holding,

2537-544: The title "International 500" while the Fortune 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Several inconsistencies exist in Fortune 's ranking of cities with

2596-507: The top six (United States, China, Japan, France, Germany, and the United Kingdom) are some of the world's largest economies as estimated by the IMF ( List of countries by GDP (nominal) ). Among the Fortune Global 500, 371 companies (74.2%) are from these six countries. The top-ranked companies in each sector are as follows: Hong Kong Airlines Hong Kong Airlines Limited ( HKA ), operating as Hong Kong Airlines ( Chinese : 香港航空公司 ),

2655-457: The top-ranked companies in 2018 for each industry: Most profitable The following is the Global 500 list sorted by profits: The following is the list of Top 10 companies: Fortune had previously listed Shell as a British/Dutch company, but as of the 2016 listing it is listed as Dutch. As of November 2017 , this is the list of the Top 10 countries with the most Global 500 companies: The Global 500 includes Unilever under

2714-560: The top-ranked companies in 2019 for each sector: The following is the list of Top 10 companies: As of July 2018 , this is the list of the Top 10 countries with the most Global 500 companies: The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries. As shown in the table above, 436 (87.2%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland and

2773-527: The world's first alliance of low-cost carriers , U-FLY Alliance . While the founding members of the alliance— HK Express , Lucky Air, Urumqi Air, and West Air—are all affiliated with HNA Aviation, the alliance is also open to airlines not within HNA Group. On 27 March 2019, HNA Aviation sold full stake of HK Express to Cathay Pacific for HK$ 4.93 billion. The transaction was expected to be completed by 31 December 2019, and by that time HK Express would become Cathay Pacific's wholly owned subsidiary. HNA Tourism

2832-591: Was 50% owned by Tang Dynasty Development ( Yangpu ) ( Chinese : 盛唐发展(洋浦) ), 25% by Yangpu Hengsheng Chuangye ( Chinese : 洋浦恒升创业 ) and 18.21% by Yangpu Zhongxin Airlines Holding ( Chinese : 洋浦中新航空实业 ) and 6.78% by Hainan Xinhuading Trading ( Chinese : 海南炘华鼎贸易 ) as of March 2017. Tang Dynasty Development (Yangpu) was 65% owned by Hainan Province Cihang Charity Foundation ( Chinese : 海南省慈航公益基金会 ) and 35% by Hong Kong incorporated company Tang Dynasty Development ( simplified Chinese : 盛唐发展 ; traditional Chinese : 盛唐發展 ). Tang Dynasty Development

2891-428: Was 98% owned by Caymans -incorporated Pan-American Aviation Holding and 2% owned by Hainan Airlines. Pan-American Aviation Holding was 100% owned by Guan Jun as of 2016 ( Chinese : 貫君 ; pinyin : Guàn Jūn , acquired from Bharat Bhisé in 2016). Yangpu Hengsheng Chuangye was owned by HK incorporated company Headstreams Investment ( simplified Chinese : 千江源投资 ; traditional Chinese : 千江源投資 ), which

2950-464: Was 98% owned by Bharat Bhisé and 2% by R.J. Conrads in 2004. As in 2015 Bhisé still owned 98% of Headstreams Investment, while the 2% stake of Headstreams was owned by Caymans-incorporated HAC (RAC), Limited as in 2011. In 2016, Bhisé also transferred the stake of Headstreams to Jun Guan. Yangpu Jianyun Investments and Yangpu Zhongxin Airlines Holding were owned by The Committee of Hainan Airlines Trade Union ( Chinese : 海南航空股份有限公司工会委员会 ). However, all

3009-629: Was anticipated in 2018. All three aircraft were to be operated by Atlas Air on behalf of Hong Kong Air Cargo. In September 2017, Hong Kong Airlines took delivery of its first Airbus A350-900 , which shortly began service in a Bangkok (BKK) route. The company also launched its "Club Autus" VIP lounge at the HKIA Midfield Concourse. With the A350-900 aircraft, the airline began operating direct flights to Los Angeles on 18 December 2017, and to San Francisco three months later. In December 2017,

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3068-574: Was changed from N8 to HX on 27 May 2007. On 24 October 2008, in preparation for the arrival of the Airbus A330-200 wide-body aircraft, the airline announced plans to adjust personnel and fleet composition. The new aircraft was to provide medium-haul passenger and cargo services to the Middle East and Australia. On 8 June 2010, Hong Kong Airlines completed their flight certification from Hong Kong to Beijing, earning an air operator's certificate for

3127-447: Was draining the company financially, and in March 2019, Hong Kong Airlines announced a cutback in its passenger fleet from 38 to 28 planes, and reduced services on some of its new international routes, including to Vancouver , San Francisco, and Los Angeles. In an attempt to roll back loss-making long-haul services in favour of more profitable Asian destinations, flights to Gold Coast and Cairns were suspended from October 2018, and

3186-516: Was facing severe financial difficulties due to the China–US trade war and 2019–2020 Hong Kong protests . It was reportedly unable to pay employees' salaries on time. The airline announced that it would end its remaining long-haul routes (to Los Angeles and Vancouver) starting February 2020, thus becoming a purely regional airline . It also announced the termination of its in-flight entertainment system from 1 December 2019 to cut costs. The onset of

3245-648: Was relaunched as "Club Bauhinia" on 27 June 2014. In February 2015, Hong Kong Airlines signed a sub-lease with the Airport Authority Hong Kong to develop a flight training center on a 0.6-hectare (1.5-acre) plot near the southeast perimeter of Hong Kong International Airport (HKIA). In March 2015, the airline joined the Executive Committee of the Board of Airline Representatives in Hong Kong (BAR HK), holding hands with another almost 80 airlines to improve

3304-409: Was reported to have told Hong Kong-based media that the airline is in plans of acquiring Comac's C919 aircrafts following 12 months of sustained fleet growth (from 21 to 30 aircrafts over 2024) and the resumption of long-haul flights especially to North America . The airline was expected to have 5 million passengers in year 2024. It was acquired in 2006 by Hainan Airlines, actually controlled by

3363-760: Was selected as the Official Carrier for the Hong Kong Paralympic Committee and the Sports Association for the Physically Disabled. The airline has joined the Caritas Fund Raising Bazaar for six consecutive years from 2009 and sponsored Hong Kong events marking the "World Diabetes Day 2012". The airline also has many student sponsorship and aviation education programmes, including its "Triumph Sky High" Junior Programme, "Embrace

3422-513: Was sold to Liaoning Fangda Group Industrial . HNA Aviation is affiliated with multiple Chinese airlines . These include the following: The group also has stakes in some carriers based outside the Chinese mainland, including Hong Kong Airlines as well as Africa World Airlines , Azul Brazilian Airlines (23.7%), MyCargo Airlines , TAP Air Portugal (2.5%) and had a stake in Virgin Australia (13%). On 18 January 2016, HNA Aviation formed

3481-399: Was sold to Liaoning Fangda Group Industrial . In 2017 the total number of employees in the Group was over 410,000 and the number of overseas employees was nearly 290,000. HNA Group was composed of seven sub-groups: HNA Aviation, HNA Tourism, HNA Capital, HNA Holdings, HNA Modern Logistics, HNA Innovation Finance, and HNA Innovation Media & Entertainment. In December 2021, HNA Aviation

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