Hainan Airlines to buy $4.2 billion of planes, issue bonds
SHANGHAI (Reuters) - Hainan Airlines Holding said it plans to spend 28.9 billion yuan ($4.2 billion) on planes and issue 15 billion yuan of convertible bonds.
Hainan Airlines plans to purchase 19 planes, it said in a Shanghai stock exchange filing on Saturday.
(Reporting by Wang Jing and Engen Tham; Editing by Edwina Gibbs)