Bankruptcy Deals Another Blow To HNA’s Dwindling Empire

February 11, 2021
Hainan Airlines aircraft
Hainan Airlines is the largest carrier in the HNA Group and is ranked fourth in China’s domestic market.
Credit: byeangel/Wikimedia
Even by the volatile standards of the airline industry, the rise and fall of China’s HNA Group has been spectacular. Bankruptcy proceedings represent the latest step in the unraveling of the group’s ambitious global expansion, which could lead to the divestment of more of its aviation holdings. HNA...

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