Li Jianhui's financing also made some unscrupulous forces angry. Originally, these forces thought that Xin Jianhui's large-scale investment in the Southeast Asian market might cause problems in the capital chain. Unexpectedly, nearly 30 billion was suddenly added.
Hong Kong dollar cash.
At the same time, it also made them understand that it was Li Jianhui who robbed them of the cake in the gold market, and the British nobles just drank a mouthful of soup.
However, there are also those who are happy, such as First Citibank. When they learned that Xinjian Group had injected HK$5 billion into Xiangjiang Airlines, they immediately sent Boeing executives to Xiangjiang to ensure that they won orders for Xiangjiang Airlines aircraft.
As the oil crisis continues to intensify, coupled with the economic weakness in Western Europe, North America and other markets, Boeing has had a very difficult time in the past two years. Not only are there few new orders, but many customers have also chosen to return existing orders.
Nowadays, apart from a few government airlines, there are very few private companies of the size of Xiangjiang Airlines, and there are very few companies with huge demand for aircraft.
Even though Cathay Pacific has a history of several decades, after Xiangjiang Airlines’ expansion, its fleet size is still not as large as that of Xiangjiang Airlines.
Because airplanes cost money, Li Jianhui will also relax loan restrictions on Xiangjiang Airlines, allowing it to quickly expand its fleet through bank loans to meet the needs of several major airport bases.
According to Li Jianhui's plan, there will be at least 20 aircraft stationed at Kai Tak Airport, 15 at Taoyuan Airport, and 10 at the two major airports in Kuala Lumpur and Bangkok. In the next two years, Xiangjiang Airlines will need to have 55 aircraft.
At present, in addition to the 17 aircraft purchased by Xiangjiang Airlines when it was established, it has subsequently purchased three aircraft with the group's income and capital injections from Li Jianhui and others, bringing the number of aircraft to twenty, including twelve Airbus A300s, Boeing
Eight 747s.
Due to the increase in aircraft prices this year, Xiangjiang Airlines plans to order 10 Airbus A300s this time, estimated to cost US$190 million. Boeing plans to purchase twenty aircraft, estimated to cost US$560 million. The total needs to be calculated based on the current exchange rate of 5.13, which is only
The purchase of these thirty aircraft will require HK$3.8475 billion.
This is really not something that ordinary rich people can do. The main reason why banks such as East Asia did not join the investment this time is that the income cannot compare with the rate of return of real estate, financial and other projects.
Xiangjiang Airlines has made plans. After these aircraft return, it will borrow HKD 1 billion from Xinjian Bank to purchase five more Boeing 747s to reach the company's established fleet size and meet the needs of several major base airport routes.
In the conference room of Xiangjiang Airlines Group, Li Jianhui said to the senior executives present: "You can't just think about the number of fleets. We must also step up the construction of our major airport bases, especially Kai Tak Airport and Taoyuan Airport. I hope Taoyuan Airport will
It will be put into use before the end of the year, and Kai Tak Airport will be able to accommodate our aircraft in June next year.
In addition, Cathay Pacific has not been developing very well this year due to our competition. In addition, the stock market and property market are currently in a downturn. Times are not easy for Swire. Please contact Swire to see if they are willing to transfer the relevant information in their hands.
Shares in Heung Kong Aircraft Engineering Company.
Our group is currently lacking in this aspect, and if we can acquire Xiangjiang Aircraft Engineering Company, it can also make up for our group's shortcomings."
Li Jianhui has always had ambitions for Xiangjiang Aircraft Engineering Company. Now Xinjian Investment Company is the major shareholder of this company, and has also specially arranged for a senior executive to serve as a director of the company.
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 has also established its own aircraft maintenance company and hired some talents from various places, there are still big deficiencies in all aspects.
Now that the Hong Kong economy and the stock market are both low, and British capital is also focusing on developing Australia, Singapore and Malaysia and other Commonwealth countries, the same is true for Swire. Naturally, Heung Kong Aircraft Engineering Company is not as valued as before, which gives Hong Kong Airlines the opportunity to acquire
.
Since Xiangjiang Airlines President Zhang Yijun was following Huang Guangxing on an inspection tour of Southeast Asia, Executive Vice President Sun Jialin said: "Li Sheng, we naturally hope to acquire Xiangjiang Aircraft Engineering Company, but our main funds have already been planned.
At present, the total market value of Xiangjiang Aircraft Engineering Company is about 800 million Hong Kong dollars, and Swire holds 35% of the shares. We also hope that our group can give us hundreds of millions more in loans, so that we will have enough strength to complete this acquisition."
The senior executives present felt that Li Jianhui was good at everything except for one thing, which was that he didn't like corporate debt very much, which was quite unbelievable in the business world.
As managers of enterprises, they believe that reasonable debt is more conducive to the development of the enterprise. It is difficult to expand the enterprise solely by relying on its own profits.
That is to say, Li Jianhui himself has enough funds to inject capital into the major enterprises of the Xinjian Department. Otherwise, the Xinjian Department will be trapped in Xiangjiang and simply will not have enough financial resources to explore other markets.
"Forget it about the loan. I'll let Xinjian Investment Company negotiate. After the acquisition, the aircraft engineering company's shares will be merged into your group. Your main focus now is on the construction of the group itself.
Don’t just be greedy for scale. Internal management must also be strengthened. After all, air transportation is a relatively dangerous means of transportation. Every plane taking off is related to the safety of hundreds of families.
There is also our service level. We need to increase training in this aspect. If we want to win the market, it depends more on our service quality.
In addition, how is the construction of Xiangjiang Aviation College? Will it be able to open smoothly next fall?"
He Lirong, general manager of the group's administration department, immediately responded: "Since this college was jointly built by us, Taikoo and Kowloon, the speed is not as fast as that of Xin Jian, finance and construction engineering schools.
Fortunately, due to the special nature of the majors, the scale of the Aviation College is far less than that of several other schools. Although it is a bit slower, it will still be able to start school normally next year."
"You should all be careful in this regard and communicate more with the other two companies on some issues. Due to various reasons, their expansion speed is far unable to compare with ours. The talents trained by this school mainly serve our group."
Those present are quite proud of the development speed of Xiangjiang Airlines. Kowloon Airlines and Xiangjiang Airlines have been approved at the same time. Currently, Kowloon Airlines only rents three aircraft and flies. The main routes are from Xiangjiang to Beijing, Shanghai, Huacheng, and Ludao.
Jiangcheng’s five routes.
Cathay Pacific has not added new aircraft for two years. Due to the grounding of old aircraft, the number of routes has decreased instead of increasing.
Only Xiangjiang Airlines continues to increase its routes and fleet. They believe that it will not be long before Xiangjiang Airlines will become the top air transport company in Asia and even the world.
At the end of the meeting, Li Jianhui asked the senior management to discuss the aircraft purchase with the two airlines in detail. He did not plan to intervene this time.