Focus topics


Hainan Airlines breaks away from HNA Group

The restructuring of the insolvent conglomerate HNA is making progress. Hainan Airlines, a core company of HNA, is getting a new shareholder in the form of investor Liaoning Fangda, which is also to control operations. Fangda had entered the rescue process as a backer in September. “We wish Hainan Airlines and all the brother airlines a safe landing, and rebirth after nirvana!” the HNA Group announced on Wednesday.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    Hong Kong eases entry requirements
    Further exercises off Taiwan’s coast
    Cancer drug: Sanofi acquires stake in biotech company
    Baidu receives first license for fully autonomous taxis