A second source familiar with the matter said HNA is looking to raise funds for the Hong Kong airlines and Temasek is a potential investor.
Norwegian has endured its fair share of struggles in recent years and reported an annual loss of nearly $38.5 million for 2017.
Overseas assets would account for 48 to 65 per cent of all outlays involved in this overhaul, said Hainan Airlines, adding that it would need to consult and discuss with multiple overseas regulators.
Boeing shares fell as low as 6 percent after news China is targeting U.S. planes in tariff plans, but its unclear whether its planes will be affected.
Singapore Airlines is the first airline to partner with Ctrip to offer duty-free shopping.
Recently Delta is branching out into new technologies such as robotics, biometrics, RFID, Bluetooth, GPS and advanced turbulence avoidance system.
Fuel price, as an important factor affecting the profitability of airlines, sees different market forecasts and should draw a cautious attitude from airlines.
eMarketer predicts that digital travel bookings in the US will have reached nearly $190 billion for 2017; with 40% of those bookings being made on mobile devices.
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