Elbe Flugzeug Werke (EFW) has signed agreement with the Chinese HNA Aviation Group to convert Airbus A330 passenger aircraft into freighters starting next year.
Australia’s second-largest carrier plans to continue operating a vastly reduced schedule while administrators from Deloitte work to find a buyer for the airline.
HNA Group’s airline operations are central to its expansion plans as it seeks investments to reach its goal of becoming a global top 50 company by 2030.