Hainan Airlines to acquire new Rolls-Royce engines amid strong Q3 growth

Hainan Airlines Holding Co. Ltd. (HNA Holdings) plans to acquire seven new Rolls-Royce Trent series aircraft engines for a total transaction value not exceeding $275 million. This purchase, approved by the board and awaiting shareholder approval, is intended to support the company's future operational needs and reduce costs. Delivery is scheduled between 2025 and 2030, with payment in installments.

The engine acquisition comes as HNA Holdings reported strong financial results for the third quarter of 2025. The company's total operating income for the first three quarters reached CNY 53,437,562 thousand, an increase of 3.30% compared to the same period in 2024. Net profit attributable to shareholders increased by 30.93% to CNY 2,844,911 thousand, and diluted earnings per share rose by 30.82% to CNY 0.0658.

The company's total assets grew by 5.55% year-over-year to CNY 149,568,639 thousand, reflecting continued market improvement and enhanced operational management. The purchase of these new engines, financed through a mix of own funds and financing leases, is expected to further bolster operational efficiency and capacity as the airline industry experiences sustained growth.