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Hainan Airlines
Hainan Airlines
NEWS
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Carrier will use capital to ease financial pressure in the wake of Covid-19 lockdowns
Aug.12 2022 21:09 PM
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Liaoning Fangda took over the airline from the beleaguered HNA Group in December, but has struggled to stem ballooning losses
Jul.16 2022 19:44 PM
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Shanghai-listed Hainan Airlines and HNA Infrastructure Investment disclose that China’s securities regulator is looking into each for suspected violations of information disclosure laws and regulations
Dec.18 2021 18:52 PM
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Handover of Hainan Airlines to Liaoning Fangda marks the latest step in the restructuring of the once high-flying conglomerate now sunk in debt
Dec.8 2021 14:26 PM
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Fang Wei’s Fangda Group steps in as strategic investor under plan approved by creditors covering core businesses
Oct.27 2021 04:42 AM
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Working group picks a little-known steelmaker to rescue the conglomerate’s flagship airline
Sep.30 2021 21:16 PM
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Creditors want 400 billion yuan from financially troubled Hainan Airlines, but now they will be asked to accept far less
Sep.28 2021 20:45 PM
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Brothers of now-arrested Chairman Chen Feng and late co-founder Wang Jian wove a web of businesses that conducted secret dealings with bankrupt conglomerate
Sep.25 2021 08:01 AM
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Collaboration may be part of Juneyao’s partnership to snap up airline assets from the massive HNA bankruptcy restructuring, sources say
Jun.10 2021 07:35 AM
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Chinese conglomerate brings to four the number of investors showing interest in buying the former high-flyer’s sprawling air travel operations
May.20 2021 07:26 AM
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The 13 listed companies set aside enormous sums to absorb potential losses stemming from bankruptcy restructuring
May.1 2021 21:16 PM
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Once high-flying Chinese conglomerate wants to bring in investors for its airline, airport and retail businesses
Mar.20 2021 20:03 PM
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Restructuring will wipe out equity stakes apparently now held by two shadowy charities, co-founder Chen Feng and other executives, but ownership has always been opaque
Feb.25 2021 19:09 PM
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After surviving SARS, 2008 and years of liquidity crunch, former high-flyer lands in bankruptcy reorganization after pandemic cripples its main travel business
Feb.22 2021 21:17 PM
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Domestic carriers suffered a combined loss of 74.1 billion yuan as revenues plummeted
Sep.2 2020 19:34 PM
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Passengers arriving from overseas to get screened at regional airports before being allowed to continue to Chinese capital
Mar.23 2020 19:08 PM
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PwC takes dim view of $980 million of bank loans taken out by airline to cover debts of cash-strapped parent HNA Group
May.1 2019 06:33 AM
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Company says it will go back to the drawing board to create ‘more optimized deal’
Oct.16 2018 20:35 PM
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China Vanke buys Beijing Guosheng for $189 million as former high-flying conglomerate continues divestitures
Sep.27 2018 07:34 AM
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Rapid growth into global conglomerate slams into reverse as management unwinds diversified investments to pay down debt
Aug.13 2018 04:23 AM