Caixin
Mar 17, 2022 03:48 AM
BUSINESS

HNA Aviation Chairman Bao Qifa Taken Away by Police

Liaoning Fangda Group Industrial Co. Ltd. took control of HNA Aviation Group as part of HNA’s restructuring.
Liaoning Fangda Group Industrial Co. Ltd. took control of HNA Aviation Group as part of HNA’s restructuring.

HNA Aviation Group Chairman Bao Qifa was taken away by Chinese police, several people close to the unit of HNA Group confirmed with Caixin.

HNA Aviation Group said Wednesday that Bao was removed as the head of a safety administration commission and was replaced by President Wang Yingming.

HNA Chairman Chen Feng and CEO Tan Xiangdong were taken away by police last September in a probe of suspected criminal offenses.

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