50 SKY SHADES - World aviation news

HNA Group Completes Acquisition of Majority Stake in Frankfurt-Hahn Airport

Download: Printable PDF Date: 09 Aug 2017 14:50 category:
HNA Group Completes Acquisition of Majority Stake in Frankfurt-Hahn Airport - Airports / Routes publisher
Krista Kuznecova
Country: Germany Aircraft: Airplanes

HNA Group announced that it has completed the previously announced acquisition of an 82.5% equity interest in Frankfurt-Hahn Airport from the state of Rhineland-Palatinate. The transaction is valued at €15.1 million.

HNA Group issued the following statement regarding the closing of the transaction:

“We are pleased to complete the acquisition of Frankfurt-Hahn Airport, which we believe will accelerate the growth of our airport and airport services businesses. This strategic investment will also enable us to increase the value chain and services that we provide through our core global tourism and logistics verticals. We look forward to working closely with the local authorities, the region’s talented workforce and the community as we invest in Frankfurt-Hahn’s infrastructure to enhance its capacity. We believe the airport can become a leading hub of commerce between China and Europe in support of China’s “One Belt One Road” initiative. Today’s closing marks the start of an exciting new chapter in Frankfurt-Hahn Airport’s history, and we are eager to be true partners in making that future a resounding success.”

Frankfurt-Hahn Airport is located in the German state of Rhineland-Palatine and is currently serving 53 passenger and freight routes. It has the commercial capacity to serve five million passengers annually and can support the Airbus A380 and other large commercial airplanes.

Image result for HNA Group

Loading comments for HNA Group Completes Acquisition of Majority Stake in Frankfurt-Hahn Airport...


Interflight Middle East welcomes Falcon 2000

Interflight expands into the Middle East with a Falcon 2000 under sales and marketing agreement. Newly refurbished in 2017, both interior and exterior, the Falcon 2000 will be available from Europe an...

AeroCRS launched Qlik Sense system

AeroCRS is proud to announce the launching of a new robust Analytics system which will run on Qlik Sense platform and will give every airline the ability to analyze their sales data, in order to get d...

SaxonAir has grown so has the fleet, but not just in size

Growth in style, performance, technology and comfort are all apparent with the addition of the Legacy 500.  Ask any broker, owner or seasoned charterer which super midsize jet would offer them...

Civil version of Ka-226T helicopter certified for operation under high temperatures

Russian Federal Aviation Agency (Rosaviation) has issued a supplement to the certificate for Ka-226T helicopter that allows the machine operation at high temperatures. The document makes it possible t...