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HAIKOU, China--(BUSINESS WIRE)--HNA Group today announced several updates to its management and leadership organization, consistent with its efforts to refocus and streamline the Group’s ...
China's HNA Group will work to increase cashflow and resolve liquidity difficulties as business operations resume, its newly appointed executive chairman said on Tuesday as the firm battles with ...
HNA's flagship carrier, 10 other units to reorganise as a group Hainan Airlines to receive 25 bln yuan in capital replenishment HNA says reached debt restructuring plan with aircraft lessors ...
Government officials in Hainan province have established a “working group” with other agencies to help solve HNA Group’s financial woes, the company said in a statement Saturday. The move ...
HNA Group was once one of China’s largest conglomerates, spending billions of dollars to expand its reach around the world. Now it could go bankrupt. The Hainan-based company’s creditors have ...
China’s HNA Group has transferred management of its core airline businesses — including its flagship unit Hainan Airlines — to strategic investor Liaoning Fangda Group Industrial ...
Chinese conglomerate HNA Group has revealed plans to inject fresh capital in its airline units — including flagship carrier Hainan Airlines — marking a significant step in the debt-laden group ...
HNA Group Co., the conglomerate that collapsed with billions of dollars of debt, has completed its restructuring work after a joint working group was set up more than two years ago to handle the task.
In its rise to become one of China’s biggest firms, HNA Group acted more like a risky hedge fund or private equity group than a traditional conglomerate looking for long term investments ...
Chinese conglomerate HNA Group said Monday it plans to buy a roughly 25% stake in Hilton Worldwide Holdings Inc. from Blackstone Group LP for $6.5 billion, the latest move into American real ...
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