All HNA Group articles
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NewsBeleaguered HNA Group seeks investors for aviation assets
China’s HNA Group wants strategic investors for its airline and airport units, days after receiving court approval to merge 321 related companies into a single entity for restructuring purposes.
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Airline BusinessHNA Group’s years of debt-fuelled acquisitions end in shambles
It may have started life as an aviation group, but by the time creditors showed up with bankruptcy filings, China’s HNA Group was a massive conglomerate with broad interests; from property to logistics; from aviation to financial services, the company had a finger in every pie.
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AnalysisLessors take stock as HNA creditors seek its bankruptcy
News that HNA Group creditors will seek to put the conglomerate into bankruptcy and reorganise it did not come as a surprise to some lessors, who had been anticipating such an announcement around the Chinese New Year.
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NewsChinese aviation giant HNA Group receives bankruptcy filing
Hainan Airlines’ parent company, HNA Group, will undergo a business reorganisation after creditors filed for its bankruptcy.
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News
Hainan divests large shareholding in Tianjin Airlines
Chinese carrier Hainan Airlines is to sell a 48% stake in Tianjin Airlines to the holding firm HNA Aviation.
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News
Yangtze transfers four B737s to Tianjin Bohai
Tianjin Bohai Leasing is taking over the leases on four Boeing 737s from Yangtze Leasing at a transfer price of CNY650 million ($94.5 million).
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News
Xie Haoming vacates Hainan Airlines chairman role again
Xie Haoming has stepped down from his position as Hainan Airlines chairman and company director for a second time, due to “job changes.”
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NewsHong Kong Airlines to transfer rights for two A350s to Hainan
Hong Kong Airlines (HKA) will transfer purchase rights of two Airbus A350-900s to sister company Hainan Airlines for free, as the latter moves to ramp up capacity and growth.
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News
Hainan Airlines first half profit falls 55%
Hainan Airlines Group posted an operating profit of CNY683 million ($100 million) for the first half of 2018, a 55% year-on-year decline from the same period last year.
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Hainan Airlines to take over HNA stakes in seven businesses
Hainan Airlines will take over the HNA Group’s stakes in two domestic airlines, MRO providers SR Technics and HNA Aviation Technology, and three other businesses as part of the distressed group’s ongoing asset re-organisation.