Strapped HNA Raises Funds With Local Government Investment

BEIJING—HNA Group, which is struggling to meet obligations to creditors, has secured local government investment in its subsidiary based at Urumqi in northwest China. The group is also negotiating for the city government of Beijing to increase its stake in Beijing-based Capital Airlines, according...
Bradley Perrett

Bradley Perrett covered China, Japan, South Korea and Australia. He is a Mandarin-speaking Australian.

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.