HNA Sells Down Airlines, Bundles Them To Raise More Funds
There are a few ways to get money out of a company. Cash-strapped HNA Group is trying three of them with its airlines. One method, which HNA began to use last year, is forcing subsidiaries to delay paying bills as long as they can without risking loss of support from critical suppliers; cash thereby...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
