After years of facing debts for years and a liquidity crisis, Hainan Airlines' parent company HNA Group – which holds stakes in several Chinese carriers - declared bankruptcy and has implemented restructuring of the company.

In a statement released from HNA Group on January 29, the Haikou, Hainan-based company acknowledged receipt .......

You Reached A Member-Accessible Article

To view this article and more, please login to your Flights in Asia account. If you already have an account, you may register to view this article and more.


Login to your Account

Related Content

Indonesia AirAsia X to Cease Scheduled Operations in January

Safest Airlines of 2019

Air Asia X Increases Flights to Hawaii