China’s HNA says to buy aircraft from Boeing, Airbus

HONG KONG, March 4 (Reuters) – HNA Group, China’s
fourth-largest airline group and parent of Hainan Airlines Co Ltd
(600221.SS: Quote, Profile, Research), said it will sign aircraft purchase orders on
Tuesday with leading aircraft manufacturers, including Boeing Co
(BA.N: Quote, Profile, Research) and Airbus (EAD.PA: Quote, Profile, Research).

HNA Group was planning to sign an aircraft purchase agreement
and an MOU agreement with leading aircraft manufacturers, also
including Dassault Aviation SA (AVMD.PA: Quote, Profile, Research) and Gulfstream Aerospace
at the event, it said in a news invitation.

HNA Group has 11 airlines and also invests in airports,
hotels and other businesses.
(Reporting by Alison Leung; Editing by Chris Lewis)