Business
HNA Group Bankrupt But Hainan Airlines To Carry On Flying – Simple Flying
The parent company of Hainan Airlines, the HNA Group, has reportedly gone bankrupt. The Hainan Provincial higher People’s…
The parent company of Hainan Airlines, the HNA Group, has reportedly gone bankrupt. The Hainan Provincial higher Peoples Court has issued a notice stating that creditors have applied for the groups bankruptcy as they cannot pay off their due debt. As well as Hainan Airlines, HNA Group has control of 13 further airlines and a global fleet of 900 aircraft. Hainan Airlines has confirmed it is operating as normal, for now.
HNA Group, owner of Hainan Airlines, has received a bankruptcy notice. Photo:…
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