PPRuNe Forums - View Single Post - PRC's HNA Group-owned Swissport acquires Australia’s Aerocare
Old 26th Nov 2017, 05:55
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RampDog
 
Join Date: Apr 2001
Location: Sydney,NSW,Australia
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PRC's HNA Group-owned Swissport acquires Australia’s Aerocare

Can anyone explain why HNA Group would want to buy aviation ground handler Swissport or build it by adding Aerocare? Is it just the prestige in snapping up another Western brand, rather than creating their own? Does it give their business more credibility in Western eyes (I'm assuming)?

https://www.dealstreetasia.com/stori...capital-87049/

Or is it more complicated than that? -
https://www.ft.com/content/8c0f94c2-...6-4d5a475ba4c5

So the PRC has already consolidated real estate, energy, mining etc etc assets in our wide brown land, obviously the long game strategy is to own as much infrastructure as possible -

https://stopforeignownershipinaustra...ategory/ports/

Do they need help or is it actually Citizen Australia that needs to be protected??

China's Operation Australia: payments, power and politicians

While I am not naive, dumb, and certainly not xenophobic.. the world is a village.
I am concerned that our " leaders" are facilitating the sell off of Australia piece by piece, business by business.
Given more time, the "right" political climate plus public apathy, we may one day see Qantas flogged off to our northern neighbours.

So, I'm throwing this thread open for discussion or debate... aviation pros, Technies, Managers, Lames, Rampies, Flighties, jeez even CEOs! what do you all think??
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