Hainan Airlines said its expects to post massive losses because of problems at parent HNA Group. Photo: AFP Hainan Airlines said its expects to post massive losses because of problems at parent HNA Group. Photo: AFP
Hainan Airlines said its expects to post massive losses because of problems at parent HNA Group. Photo: AFP
Aviation

Hainan Airlines slumps by close to daily limit in Shanghai after it warns of a loss of as much as US$10.06 billion

  • Hainan Airlines Holding sheds as much as 9.8 per cent in Shanghai, approaching the daily cap of 10 per cent
  • Other HNA Group entities also fall after parent’s bankruptcy restructuring

Topic |   Aviation
Hainan Airlines said its expects to post massive losses because of problems at parent HNA Group. Photo: AFP Hainan Airlines said its expects to post massive losses because of problems at parent HNA Group. Photo: AFP
Hainan Airlines said its expects to post massive losses because of problems at parent HNA Group. Photo: AFP
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