The Wealth Empire Crossing the Hong Kong

Chapter 375 Purchase Plan
Li Jianhui's financing this time also angered some forces with malicious intentions. Originally, these forces thought that Xin Jian's large-scale investment in the Southeast Asian market might cause problems in the capital chain. Unexpectedly, there was a sudden increase of nearly [-] billion Hong Kong dollar cash.

At the same time, it also made them understand that it was Li Jianhui who robbed them of their cake in the gold market back then, and the nobles in England probably had a mouthful of soup.

However, there are also happy people, such as First Citibank, who learned that Xinjian Group injected HK$50 billion into Xiangjiang Airlines, and immediately sent Boeing executives to Xiangjiang to win the aircraft order of Xiangjiang Airlines.

As the oil crisis continues to intensify, coupled with the weakness of the market economies in Western Europe and North America, Boeing has had a difficult time in the past two years. Not only are new orders rare, but many customers choose to return existing orders.

Except for a few government airlines, there are very few private companies with the scale of Xiangjiang Airlines and a huge demand for aircraft.

Regardless of the fact that Cathay Pacific has decades of history, after the expansion of Xiangjiang Airlines, the size of the fleet is not as good as that of Xiangjiang Airlines.

Because planes burn more money, Li Jianhui will also relax the loan restrictions of Xiangjiang Airlines, so that it can quickly expand its own fleet size through bank loans to meet the needs of several major airport bases.

According to Li Jianhui's plan, Kai Tak Airport needs at least 55 aircraft, Taoyuan Airport needs [-] aircraft, and Kuala Lumpur and Bangkok each have [-] aircraft. In the next two years, Xiangjiang Airlines will need [-] aircraft.

At present, in addition to purchasing 17 aircraft when Xiangjiang Airlines was established, it also purchased three subsequent aircraft based on the group's income and capital injections from Li Jianhui and others, bringing the number of aircraft to twenty, including twelve Airbus A300s, Boeing 747 eight.

Due to the increase in aircraft prices this year, Xiangjiang Airlines plans to order 10 Airbus A300s at an estimated cost of 1.9 million US dollars. Boeing plans to purchase 5.6 aircraft at an estimated cost of 5.13 million US dollars. The purchase of these 38.475 aircraft requires [-] billion Hong Kong dollars.

This is really not something ordinary local tyrants can play. The reason why banks such as East Asia did not follow suit this time is that the income cannot compare with the rate of return of real estate, financial and other projects.

Xiangjiang Airlines has already made a plan. After these planes come back, it will borrow one billion Hong Kong dollars from Xinjian Bank to purchase five Boeing 747s again, so as to reach the company's established fleet size and meet the needs of several major base airport routes.

In the meeting room of Xiangjiang Airlines Group, Li Jianhui said to the high-level executives present at the meeting: "You can't just think about the number of fleets. We must also pay close attention to the construction of several major airport bases, especially Kai Tak Airport and Taoyuan Airport. I hope that Taoyuan Airport will It will be put into use before the end of the year, and Kai Tak Airport will be able to allow our aircraft to station in June next year.

In addition, due to our competition, the development of Cathay Pacific Airways has not been very good this year. In addition, the current stock market and property market are in a downturn. The life of Taikoo is not easy. You can contact Taikoo to see if they are willing to transfer their shares. Shares of Heung Kong Aircraft Engineering Company.

At present, our group is relatively lacking in this aspect. If we can acquire Xiangjiang Aircraft Engineering Company, we can also make up for the shortcomings of our group. "

Li Jianhui has always had ambitions for Xiangjiang Aircraft Engineering Company. Now Xinjian Investment Company is the major shareholder of this company, and specially arranged for a high-level executive to serve as the company's director in the past.

It was only because of the implementation of the new securities law and Swire's active buybacks in the stock market that his acquisition plan failed.

Although Xiangjiang Airlines also established its own aircraft maintenance company and recruited some talents from various places, there are still big shortcomings in all aspects.

Now that Hong Kong’s economic and stock markets are both low, and British capital is also focusing on the development of Australia, Singapore and Malaysia, and the Commonwealth of Nations. The same is true for Swire. Naturally, Xiangjiang Aircraft Engineering Company is not as important as before, which gives Xiangjiang Airlines the opportunity to acquire .

Since Zhang Yijun, the president of Xiangjiang Airlines, was following Huang Guangxing on an inspection tour in Southeast Asia, Sun Jialin, the executive vice president, said: "Sheng Li, we naturally hope to acquire Xiangjiang Aircraft Engineering Company, but our main funds have already been planned.

At present, the total market value of Heung Kong Aircraft Engineering Co., Ltd. is about 8 million Hong Kong dollars, and Taikoo owns 35% of the shares. We also hope that our group can give us a few hundred million more in terms of loans, so that we can have enough strength to complete this acquisition. "

The high-level executives present felt that Li Jianhui was good at everything, except that he didn't like corporate debt very much, which was quite unbelievable in the business world.

As the managers of the enterprise, they believe that reasonable debt is more conducive to the development of the enterprise, and it is difficult to expand the enterprise only by its own profit.

That is to say, Li Jianhui himself has enough funds to inject capital into the major companies of the Xinjian Department. Otherwise, the Xinjian Department may still be stuck in Xiangjiang, and there is simply not enough financial resources to develop other markets.

"Let's forget about the loan. I'll ask Xinjian Investment Company to negotiate. After the acquisition, the shares of the aircraft engineering company will be merged into your group. Now your main focus is on the group's own construction.

Don't blindly covet the scale, internal management should also be strengthened, after all, air transport is a relatively dangerous means of transport, every take-off of a plane is related to the safety of hundreds of families.

There is also our service level. In this regard, we need to increase training efforts. If we want to win the market, more depends on our service quality.

In addition, how is the construction of Xiangjiang Aeronautical Academy? Will it be able to start smoothly next fall? "

He Lirong, general manager of the administration department of the group, responded immediately: "Because this college is jointly built by us, Swire and Kowloon, the speed is not as fast as that of Xinjian, Finance and Construction, and Construction Engineering.

Fortunately, the School of Aviation is far from being able to compare with other schools because of the particularity of its majors. Although the speed is a bit slower, it will still be able to start normally next year. "

"In this regard, you all use light, and communicate with the other two companies on some issues. For various reasons, the expansion speed of the two companies is far from ours. The talents cultivated by this school are mainly for our group."

Those present are quite proud of the development speed of Hong Kong Airlines. Kowloon Airlines and Hong Kong Airlines have been approved at the same time. At present, Kowloon Airlines is only flying three planes leased, and the routes are mainly from Xiangjiang to Beijing, Shanghai, Huacheng, Ludao, Five routes in Jiangcheng.

Cathay Pacific has not added new aircraft for two years. Because of the grounding of old aircraft, the number of routes has not increased but decreased.

Only Xiangjiang Airlines has continuously increased its routes and its fleet. They believe that Xiangjiang Airlines will definitely become the top air transport company in Asia and even the world in a short time.

At the end of the meeting, Li Jianhui asked the senior executives to discuss the purchase of aircraft with the two airlines in detail, and he did not intend to intervene this time.

(End of this chapter)