Reuters/Ralph Orlowski FRANKFURT (Reuters) - Acquisitive Chinese conglomerate HNA is in final talks over the purchase of Hahn airport in western Germany, the airport's state owners said on Monday. HNA, the owner of Hainan Airlines Co (600221.SS), has been active in the travel industry, buying caterers Gate Group (GATE.S) and a stake in Servair, plus hotels group Hilton (HLT.N) and a stake in Brazilian airline Azul, among some of its recent deals. It has teamed up with local German company ADC, run by former politician Siegfried Englert, for the bid. The federal state of Rhineland-Palatinate had previously agreed to sell loss-making Hahn airport, a former military base now used mainly by Ryanair (RYA.I), to a Chinese company but the sale collapsed after the bidder failed to make any payments. Rhineland Palatinate owns an 82.5 percent stake in Hahn, with the rest owned by the neighboring state of Hesse. It said three bids had been received in the latest sale process and after auditors had reviewed the offers, it had decided to enter into final-stage negotiations with ADC and HNA. ADVERTISEMENT Hahn is around 120 kilometers from Frankfurt, Germany's largest airport, but unlike Frankfurt, has a 24-hour operating license, making it attractive for freight flights. (Reporting by Peter Maushagen; Writing by Victoria Bryan; Editing by Louise Heavens) Trump signs order withdrawing U.S. from Trans-Pacific trade deal SPONSORED STORIES
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How to beat the falling pound: 50 simple ways to save money on your holiday So what are the alternatives? Obviously you could minimise the cost of travelling, and stay in the UK. But the high cost of accommodation in this country, and of other key incidentals, such as eating out, means that it could easily end up costing more than it would do to head overseas. There is a very obvious and easy solution, however. Its no accident that many peoples childhood holidays revolved around car journeys to France. In the more straitened economic times of the Sixties and Seventies, it was the cheapest and often the only economically feasible way to get a taste of abroad, and the promise of more reliable summer weather. Although no-frills flights have altered the picture radically, for most families travelling at peak times, the Dover-Calais (or Dover-Dunkirk) ferry route is still by far the most cost-effective way to enjoy an overseas holiday. Of course, it depends on where you are starting from, and the final destination you have chosen. Normandy will be a lot cheaper and quicker than driving to Provence; especially if you fork out for French motorway tolls. It took me relatively little time to find a return Dover-Calais ferry fare and a host of cottages on the gites.co.uk website to put together a week in a rural gite in Normandy and a return ferry fare for 711, including petrol and tolls. Throw in three family meals at a local bistro, and you would still have change from 1,000. The maths | Anatomy of a 1,000 family holiday Its not just about money of course. Taking your own car abroad gives a family much greater flexibility with luggage, more options for breaking the journey, and it obviously avoids the need to hire a car. But whatever sort of holiday you are looking for, or budget you are working to, there are plenty of ways of keeping control of the cost.
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