HNA-owned airport Frankfurt Hahn, used by low cost carriers, files for insolvency...
China’s HNA Group will reportedly receive strategic investment worth $5.9 billion....
Chinese conglomerate HNA Group says it found strategic investors willing to finance its state-run reorganization....
HNA Group searches for strategic investors to merge its 321 related companies into a single entity....
The highest court in China’s Hainan Province approved bankruptcy restructuring of six Hainan Airlines carrier affiliates....
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, including Hainan Airlines, reportedly disclosed an alleged money embezzlement by HNA Group shareholders. ...
Hainan Airlines parent company HNA Group applied for bankruptcy and reorganization. ...
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 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. ...
