Hainan Airlines weighs asset restructuring as parent HNA charts new course

Published: 11/01/2018
Hainan Airlines weighs asset restructuring as parent HNA charts new course
Source: WWW.SCMP.COM

Hainan Airlines Holding, the Shanghai-listed unit of debt-ridden HNA Group, said it is making plans that may involve a major asset restructuring, adding uncertainty to the outlook for its parent. Shares of Hainan Airlines were suspended from trading on Wednesday, at the request of the company pending an announcement. The suspension come one day after HNA said it would use more shares in the listed

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