China’s HNA cedes control of Hainan Airlines group to Fangda
Bankrupt Chinese conglomerate HNA Group announced on its WeChat social media channel on December 8 that it had officially handed… Read More »
China’s Hainan Airlines to raise $7.5bn to offset debts
Hainan Airlines Holding has revealed a CNY50 billion yuan (USD7.5 billion) plan to reduce its debts as part of its… Read More »
China’s Hainan Airlines choses Liaoning Fangda as investor
Hainan Airlines (HU, Haikou) says it has chosen Liaoning Fangda Group as its proposed strategic equity partner but that only… Read More »
Hainan Airlines & Co. given to mid-4Q21 to submit draft plan
Six months after they collectively applied for creditor protection, the Hainan High People’s Court has given Hainan Airlines (HU, Haikou)… Read More »
Hainan Airlines Holdings to restructure up to ¥72.5bn debts
Hainan Airlines Holding revealed in a disclosure on February 9 that it expects to restructure interest-bearing debts amounting to no… Read More »
China’s Hainan Airlines shores up cash pile
Hainan Airlines (HU, Haikou) has diverted funds raised to acquire aircraft in 2016 to instead “replenish the working capital” of… Read More »
Top Airlines of 2024 Revealed by Skytrax: Qatar Airways Leads the Pack
The 2024 Skytrax World Airline Awards, an esteemed global ranking of airlines based on passenger votes from over 100 countries,… Read More »
Mainland Chinese Airlines Announce New International Routes
Several prominent Mainland Chinese airlines have announced their expansion into international markets, flagging fresh services that connect cities such as… Read More »