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Search results for “HNA”
Hainan Airlines expects to return to net profit for 2021
01/28/2022
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10:33:02 PM
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The airline expects to report a 2021 net profit of between RMB 4.5-6.2 billion (USD 708-975 million) after suffering a loss of RMB 64 billion a year earlier.
Hainan Airlines to get much-needed USD1.6 billion from Fangda to prep rebound
12/26/2022
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5:22:58 PM
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After the newest transaction, Hanwei will become the largest shareholder of Hainan Airlines as its shareholding will rise to 24.4% from 1.7%.
HNA seeks long-term investment in step toward bankruptcy restructuring
03/26/2021
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6:01:15 PM
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The decision offers a glimpse at which parts of the conglomerate’s sprawling business empire might survive restructuring.
2021 in review: Chinese travel enterprises highlights
01/01/2022
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10:30:43 AM
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Hopes mixed with difficulties in a tumultuous year.
Chinese outbound tourism to recover in 5 years; HNA starts restructuring | Daily Brief
03/18/2021
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11:15:50 PM
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More flights serve Beijing amid easier quarantine; China studying international travel policies for inoculated groups.
HNA Group commences restructuring with 321 subsidiaries
03/18/2021
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7:38:04 PM
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The restructuring follows creditors of the group filing applications calling for the group’s bankruptcy due to its huge debt crisis with total liabilities amounting to USD 107 billion.
Court approves Hong Kong Airlines’ $6 billion debt restructuring
12/15/2022
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1:37:15 PM
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Hong Kong Airlines plans to jettison 33 aircraft from its 53-strong fleet.
Alibaba ups $38M investment in UTour; US-China travel fast-track program to start in early 2022 | Daily Brief
12/09/2021
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12:18:25 AM
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COVID-19 travel curbs are biggest challenge for British firms in China; HNA transfers airline management to strategic investor.
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