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Search results for “debt”
HNA-backed Hong Kong Airlines in danger of getting wings clipped
02/03/2021
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4:33:10 PM
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The carrier is just the latest firm pushed to the brink of crisis by HNA Group’s struggles under a mountain of debt.
China Eastern Airlines gets $1.7 billion lifeline from parent firm
02/04/2021
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10:18:41 PM
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The airline’s passenger turnover plunged 51.6 percent last year from the year before.
Holiday travel outlook gets worse; Singapore sees 88% fewer Chinese visitors | Daily Brief
02/03/2021
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11:07:11 PM
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Hong Kong Airlines in danger of getting wings clipped; New York investment firm acquires 6.64% stake in Trip.com Group.
Two travel giants raised $4 billion to ride out the pandemic. Only one needed it.
12/04/2020
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5:49:40 PM
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While they offer similar services and are global players, the two rivals are stronger in different geographies, which has also shaped the crisis's impact on their business.
Platinum Equity to buy Ingram Micro from HNA Group in $7.2 billion deal
12/11/2020
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10:53:03 PM
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The sale will help HNA Technology, a listed arm of the group, to repay the principal and interest on M&A loans and related debt.
Vaccine offers hope for hard-hit early-stage travel startups
12/10/2020
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5:34:12 PM
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How much investment flows back into travel and hospitality startups next year will depend in large part on how much people trust and take the vaccine.
Indebted conglomerate HNA Group to sell US asset Ingram Micro
12/09/2020
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11:56:05 PM
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HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
HK-Singapore travel bubble burst; China, Japan to resume travel by month end | Daily Brief
11/25/2020
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6:48:14 AM
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Thailand no longer main draw for China tourists; BOC Aviation wins civil suits against AirAsia X.
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