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Why is Hongtu Airlines sold to Hunan?
Hongtu Airlines was sold to Hunan because of the acceleration of the epidemic, which led to the reorganization of civil aviation. According to relevant information, in 20 19, Hunan took the initiative to acquire part of the equity of Hongtu Airlines. In 2020, Hongtu Airlines moved to Changsha and later changed its name to Hunan Airlines, taking the establishment of local airlines as a breakthrough to change the unfavorable position of Hunan civil aviation, with obvious intentions. However, unlike the acquisition of controlling shares in other places, Hunan only shares in Hongtu Airlines. Obviously, Hunan wants to take a more stable road. After all, airlines have great uncertainty. Once something goes wrong, Hunan will completely use equity participation as a shield. Moreover, Hunan shareholders who participate in Hongtu Airlines are called "Hunan Emerging Industry Equity Investment Guidance Fund Partnership Enterprise", which is a partnership enterprise and a fund, and more is to pry up small and promote the development of local industries.