Azul Linhas Aéreas Brasileiras aircraft (Press Release / SEE)
China's Hainan Airlines said in a statement on Thursday that it will invest 450 million dollars in Blue, the third largest domestic airline. The HNA Group, owner of Hainan, is a conglomerate that operates in the aviation sector, industry, tourism, logistics and finance, with a significant presence in the aircraft financing.
In the agency Reuters , the Blue said the announcement is related to the settlement announced last year for which the HNA Group became a shareholder of the Brazilian company. The HNA disbursed 1.7 billion reais to stay with a share of 23.7% in Blue.
