Hainan to dispose of aging 737s, A319s
Hainan Airlines Holding will move eight Boeing 737-800s and four Airbus A319s to a holding company based in Hong Kong. Hainan’s subsidiary Air Changan will similarly be moving four A319s to the Hong Kong-based holding company, in a combined deal worth CNY2.76b ($399m). The move comes as the company plans to dispose of aircraft more than 10 years old, according to a Shanghai Stock Exchange disclosure. The removal of the older aircraft will also help reduc operating costs, the disclosure adds. The company did not specify which group airlines aircraft will come from.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-06-14/unaligned/hainan-to-dispose-of-aging-737s-a319s
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Hainan to dispose of aging 737s, A319s
Hainan Airlines Holding will move eight Boeing 737-800s and four Airbus A319s to a holding company based in Hong Kong. Hainan’s subsidiary Air Changan will similarly be moving four A319s to the Hong Kong-based holding company, in a combined deal worth CNY2.76b ($399m). The move comes as the company plans to dispose of aircraft more than 10 years old, according to a Shanghai Stock Exchange disclosure. The removal of the older aircraft will also help reduc operating costs, the disclosure adds. The company did not specify which group airlines aircraft will come from.<br/>