Frankfurt Hahn is 100km from Frankfurt international airport, the largest airport in Germany and Western Europe.
The HNA group has invested more than $40 billion in foreign acquisitions over the last three years and has become one of China’s largest international investors.
The company owns about 20 percent of TAP indirectly, through a 13 percent stake in Azul (a company that belongs to David Neelman who is part of the Atlantic Gateway consortium) and a 7 percent stake in Atlantic Gateway.
One of its subsidiaries, Capital Airlines, started direct flights between China and Portugal last month.