Hainan Airlines was the foundation on which magnate Chen Feng built his conglomerate, which spanned hotels to financial institutions. Photo: Reuters
Hainan Airlines was the foundation on which magnate Chen Feng built his conglomerate, which spanned hotels to financial institutions. Photo: Reuters
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Hainan Airlines, hit by Covid-19 and HNA Group restructuring, posts biggest-ever annual loss for a listed Chinese company

  • Haikou-based carrier reports a loss of US$9.9 billion for 2020
  • Airline unprofitable this year too, reports first-quarter loss of 2.6 billion yuan

Hainan Airlines was the foundation on which magnate Chen Feng built his conglomerate, which spanned hotels to financial institutions. Photo: Reuters
Hainan Airlines was the foundation on which magnate Chen Feng built his conglomerate, which spanned hotels to financial institutions. Photo: Reuters
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