HNA Group

HNA Group searches for investors to merge its 321 entities

HNA Group searches for strategic investors to merge its 321 related companies into a single entity....


Hainan Airlines amid six HNA air carriers granted reorganization approval

The highest court in China’s Hainan Province approved bankruptcy restructuring of six Hainan Airlines carrier affiliates....


Hainan Airlines continues stable operations, may attract new investors

Hainan Airlines, the flagship air carrier of HNA Group, could draw the attention of new investors, as its operations continue to be stable....


Three HNA Group subsidiaries reveal money embezzlement

Three HNA Group subsidiaries, including Hainan Airlines, reportedly disclosed an alleged money embezzlement by HNA Group shareholders. ...


BREAKING: HNA Group applies for bankruptcy and reorganization

 Hainan Airlines parent company HNA Group applied for bankruptcy and reorganization.  ...


Tossing coins: Lucky Air passenger gets fined $17K

A first time flyer boarding Lucky Air flight took an extra step to ensure the flight goes well and smoothly. Unfortunately for the passenger, throwing coins at aircraft engine is not seen as a good way to ensure flight’s safety in aviation. In fact, it is quite the opposite. The passenger was ordered by a court to pay-up approximately $17,000 for the airline in compensation....


HNA Group granted $568M loan, will Hong Kong Airlines get share?

HNA Group has been granted a $568 million (HK4.4 billion yuan) loan by state-owned banks. The conglomerate now plans to use the money raised for salaries and financing costs of HNA Holding and affiliate airlines. However, as the conglomerate has multiple ailing carriers under its umbrella, it remains unclear whether the financial infusion will help save troubled Hong Kong Airlines. ...


HK Airlines trustworthiness at stake as insurer stops payout

Shaken by parent company’s HNA Group woes and the sudden leave of its own three high-ranking executives, the reputation of Hong Kong Airlines has suffered another blow as its insurance company announced it will stop offering allowance in case the carrier goes bust....


Virgin Australia stake raises interest of bidders

As China’s HNA Group is looking for ways to reduce its own debt, a 19.8% stake the group has in Virgin Australia is gaining attention among potential buyers....


HK Express suspends Hong Kong – Hualien service

HK Expres is suspending flights between Hong Kong and Hualien starting October 27, 2018.  ...