A Hainan Airlines plane taking off from the Phoenix International Airport in Sanya on May 1, 2015. Photo: REUTERS A Hainan Airlines plane taking off from the Phoenix International Airport in Sanya on May 1, 2015. Photo: REUTERS
A Hainan Airlines plane taking off from the Phoenix International Airport in Sanya on May 1, 2015. Photo: REUTERS

HNA Group’s fate hangs in the balance as coronavirus lockdowns scupper the Chinese asset buyer’s debt workout plan

  • Hainan Airlines could be taken over and its aviation assets dispersed among three of Chinas biggest state-owned carriers, Bloomberg reported
  • Executives at Hainan Airlines and its parent HNA Group declined, but posted a blog on HNA Group’s website showing the airline’s co-founder and chairman Chen Feng visiting flight and cabin crew

Topic |   HNA Group
A Hainan Airlines plane taking off from the Phoenix International Airport in Sanya on May 1, 2015. Photo: REUTERS A Hainan Airlines plane taking off from the Phoenix International Airport in Sanya on May 1, 2015. Photo: REUTERS
A Hainan Airlines plane taking off from the Phoenix International Airport in Sanya on May 1, 2015. Photo: REUTERS
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