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Alibaba cargo flights supply duty-free shopping zone in China

Alibaba cargo flights supply duty-free shopping zone in China Direct flights from Singapore slice days off transit time for in-demand luxury goods 2 minutes read Suparna Airlines is running a dedicated air transport route for Alibaba between Singapore and Chinese cities in Hainan Province. (Photo: Alibaba) The logistics arm of e-commerce giant Alibaba Group has contracted with Suparna Airlines to operate daily dedicated cargo flights between Singapore and Hainan province in China to support Hainan’s emergence as a duty-free shopping hub and growing e-commerce orders. The new air service is the latest example of how Cainiao Smart Logistics Network is rapidly expanding its private airline to quickly transport shipments for customers, much like Amazon Air (NASDAQ: AMZN) is doing in the U.S. and Europe.

Factbox: China s troubled HNA Group owns stakes in more than a dozen airlines

By Reuters Staff 2 Min Read (Reuters) - Creditors of China’s HNA Group on Friday applied to a Chinese court for the company to be placed in bankruptcy and restructured. FILE PHOTO: Hainan Airlines Airbus commercial passenger aircraft is pictured in Colomiers near Toulouse, France, November 26, 2018. REUTERS/Regis Duvignau The assets include stakes in more than a dozen airlines, led by its flagship firm Hainan Airlines, China’s fourth-biggest carrier and the largest one that is not state-owned. The airlines have more than 500 narrowbody planes and 100 widebody aircraft, according to data from industry publication Leeham News and Analysis. 1. Hainan Airlines

FACTBOX-China s troubled HNA Group owns stakes in more than a dozen airlines

By Reuters Staff 2 Min Read Feb 1 (Reuters) - Creditors of China’s HNA Group on Friday applied to a Chinese court for the company to be placed in bankruptcy and restructured. The assets include stakes in more than a dozen airlines, led by its flagship firm Hainan Airlines, China’s fourth-biggest carrier and the largest one that is not state-owned. The airlines have more than 500 narrowbody planes and 100 widebody aircraft, according to data from industry publication Leeham News and Analysis. 1. Hainan Airlines

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