Qantas planes sold to Chinese

1/26/2010 10:42:24 AM

China's HNA Group, the parent of Hainan Airlines, has acquired the aircraft leasing business of Australia's Allco Finance Group for US$150 million, sources say.   Allco's aviation management team is expected to be integrated into HKAC's operations.   Allco's aircraft leasing business has 68 aircraft leased to customers including Qantas and Singapore Airlines.   Aircargo Asia Pacific

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