Another day, another HNA deal...

The Chinese travel conglomerate really does have a voracious appetite for deals involving any European travel-related companies.

Earlier this week, HNA unveiled a $1.5 billion takeover of Switzerland's airline catering company Gate Gourmet. That deal comes after HNA purchased baggage handler Swissport last year for £2.3 billion.

Is there a row brewing over £2 billion London City Airport sale?

Perhaps I spoke (wrote?) too soon.

According to Kleinman of Sky News, HNA submitted a higher for London City Airport - see below.

Mega consortium comes together for London City Airport; China's HNA also rumoured to have submitted first round offer - part 4

There is a good story in the Financial Times this evening about British Airways and London City Airport.

BA is threatening to pull out of London City if the airport is sold for more than £2 billion as it could result in higher charges for the airline, according to the Financial Times. Here is the link:

Quelle Surprise: Sky News exclusively reveals HNA is working with Barclays on a £2 billion bid for London City Airport

I see Mark Kleinman, who I once had the pleasure of working for at The Sunday Telegraph, of Sky News has unearthed a rather interesting story about China's HNA Group working with Barclays on a multi-million takeover bid of London City Airport, the British dealmakers' favourite airport that has been put up for sale by its private equity owners.

Regular readers of little old Betaville won't be surprised to learn about HNA's interest in purchasing London City Airport. Why? Well, back in December 2015 Betaville revealed China's HNA had submitted a first round offer for London City Airport. In case you don't recall, here is the link to that story:

Mega consortium comes together for London City Airport; China's HNA also rumoured to have submitted first round offer

I have a little update on the sale of every City dealmakers' favourite airport.

Ever since news of the £2 billion sale of London City airport broke in the Financial Times this summer bidders have been circling the asset.