Credit: Rob Finlayson
Heavily indebted Hainan Airlines sunk to a record CNY64 billion ($9.8 billion) net loss for 2020 as debt restructuring for its bankrupt parent company HNA Group drags on. The process has caught the eye of a handful of prospectors looking to acquire HNA’s airline assets. Severely impacted by border...
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Hainan Airlines Slides Deeper Into The Red, Rivals Eye Assets is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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