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China’s investment and aviation conglomerate HNA Group removed the head of its tourism unit, which runs HNA’s flagship Hainan Airlines, in a major leadership reshuffle. A person close to the matter said this was probably the most severe step HNA had ever taken involving a senior executive. HNA rarely fires high-ranking executives and instead usually transfers them to other positions after several months of training, according to the source. HNA Tourism oversees HNA’s core airline holdings, along with its travel agency and hotel businesses. HNA also reshuffled the leadership at its several airline subsidiaries, sources close the matter told Caixin. Read Original Article |
