Yesterday, a piece of breaking news about Hainan Airlines and parent HNA Group suddenly appeared on Weibo. The news states that Hainan Airlines is going to be taken over by Air China; with its subsidiary Suparna Airlines to be sold to the Jiangsu Province government. The rest of HNA to be separated between China Eastern and China Southern. The background of the news is from the day before. Ren Hongbin, the vice Chairman of the State-owned Assets Supervision and Administration Commission … Continue reading Rumor: Hainan Airlines Near Government Take Over