Search results for “HNA Group”
Hainan Airlines will transfer $11.24 billion in debts to affiliates
02/13/2021|4:37:41 PM|
The move was part of a plan to dispose of the company's debts after its creditors applied for the company's bankruptcy and restructuring late last month.
HNA-backed Hong Kong Airlines in danger of getting wings clipped
02/03/2021|4:33:10 PM|
The carrier is just the latest firm pushed to the brink of crisis by HNA Group’s struggles under a mountain of debt.
Hainan Airlines seen attractive to new investors despite HNA crisis
02/02/2021|2:57:23 PM|
A strong route network, high brand value and an experienced management team as well as restructuring efforts by China’s No. 4 carrier, were among the reasons cited.
HNA co-founder's exclusion from panel raises doubts about his future
01/29/2021|3:22:58 PM|
Chen’s exit from the important decision-making body with powers similar to the company’s board is a sign that he’s losing control of the group.
Hainan Airlines among alleged victims of $10 billion embezzlement at bankrupt parent HNA
02/01/2021|6:24:36 PM|
As many as 500 companies linked to HNA Group are expected to go into bankruptcy restructuring.
Chinese conglomerate HNA says creditors filed petition for its bankruptcy
01/29/2021|11:39:03 PM|
The group was once one of China’s most acquisitive companies but had the equivalent of roughly $76 billion in total short-term borrowings and long-term debt at the end of June 2019.
HNA Group says it has ‘reached the point of life and death’ amid pandemic
04/20/2020|6:22:54 PM|
HNA said the finance department has not followed the requests of the company to carry out smooth communication with its investors.
CFIUS triggered by HNA Group’s management change
03/11/2020|11:06:21 PM|
Changes of ownership or control can trigger jurisdiction of the Committee on Foreign Investment in the U.S. (CFIUS) with respect to U.S. entities.
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