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HNA buys into Brazil airline

Hainan Airlines Co Ltd, China's largest private airline and a subsidiary of conglomerate HNA Group, has bought a 23.7 percent stake in Azul SA, Brazil's third-biggest airline, for $450 million, the latest in a series of overseas acquisitions by the company.

China Daily

China Daily

8 Years ago
Industries will Hainan HNA more Azul
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