China’s HNA Group Seeks Buyer for $300 Million ‘Dream Jet’

China’s HNA Group Seeks Buyer for $300 Million ‘Dream Jet’
A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018. REUTERS/Jason Lee/File Photo
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Cash-strapped Chinese conglomerate HNA Group has put up for sale its luxurious $300-million-plus corporate “Dream Jet” that sports a “seven-star” hotel-style cabin, say six aviation industry sources familiar with the matter.

Under pressure from Beijing, aviation-to-hotels group HNA has in 2018 sold real estate, stakes in overseas companies and aviation-related assets after a $50-billion acquisition spree in recent years.