China, the owner of HNA dies in France
The Group is active in tourism, logistics and air transport
Wang Jian, owner of the HNA conglomerate active in tourism, logistics and air transport, died in France following an accidental fall.
The HNA Group was founded by Jian himself in 2000 on the island of Hainan, starting to operate with the airline Hainan Airlines. Over the years, the company's importance has grown rapidly as it enters Aigle Azur, Virigin Australia, Tap, Azul, Gategroup, CIT, Ingram Micro, Deutsche Bank and a quarter of Hiton Hotels. An important economic expansion that has been possible thanks to the 50 billion dollars invested in the last two years. HNA's indebtedness in 2017 was 638 billion yuan (about 81.5 billion euros) which led the Chinese authorities to express concern about it, but after some sales the Group was up 36% on a year.
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