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Hainan Airlines Owner, Chinese Aviation Giant HNA Group Gets Government Bailout, Enters State Control

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Hainan Airlines Owner, Chinese Aviation Giant HNA Group Gets Government Bailout, Enters State Control.


www.paddleyourownkanoo.com

Hainan Airlines Owner, Chinese Aviation Giant HNA Group Gets Government Bailout, Enters State Control

China’s embattled HNA Group announced Saturday it would be taken over by Hainan’s provincial government, saying in a statement that attempts to “self-rescue” had so far failed and that the COVID-19 novel Coronavirus outbreak had heightened still further the risk to its fragile liquidity. There...
www.paddleyourownkanoo.com www.paddleyourownkanoo.com


Richard
 
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