Written by Sebastian Powell @ LoyaltyLobby
The Chinese conglomerate HNA Group which has been on a global buying spree the last decade has been declared bankrupt today, collapsing under a mountain of 500+ billion yuan of debt. Hainan Airlines apparently keeps on flying but HNA Group’s stake in Hong Kong Airlines is in limbo as Air China and other parties are […]
Tag: HNA Group
Airport Authority Impounds Hong Kong Airlines Jets
Written by From the Newsroom @ Mighty Travels
After Hong Kong Airlines received a cash injection things seemed to be looking up after a difficult period. However, that was short-lived as the airport authority has impounded seven of their jets over unpaid parking fees. Airport Authority Impounds Hong Kong Airlines Jets Over Unpaid Parking Fees Hong Kong Airlines is backed by the Chinese […]
The post Airport Authority Impounds Hong Kong Airlines Jets appeared first on Mighty Travels.
Read MoreThe clock is ticking for Hong Kong Airlines’ demise
Written by Seth Miller @ Wandering Aramean
For Hong Kong Airlines the death watch clock is officially running. The The beleaguered company has just five days to raise significant fresh capital. Failure to reach that goal will likely see the airline’s operating certificate revoked.
The post The …
The clock is ticking on Hong Kong Airlines’ demise
Written by Seth Miller @ PaxEx.Aero
For Hong Kong Airlines the death watch clock is officially running. The beleaguered company has just five days to raise significant fresh capital. Failure to reach that goal will likely see the airline’s operating certificate revoked.
The post The cloc…
IFE cut as Hong Kong Airlines continues its finances collapse
Written by Seth Miller @ Wandering Aramean
For Hong Kong Airlines the future is very, very uncertain. Cuts continue it is unlikely they will be enough to keep the carrier afloat too much longer barring a significant cash infusion and restructuring of the business. This week it is the inflight e…
Hong Kong Airlines continues to cut as its finances collapse
Written by Seth Miller @ PaxEx.Aero
For Hong Kong Airlines the future is very, very uncertain. Cuts continue it is unlikely they will be enough to keep the carrier afloat too much longer barring a significant cash infusion and restructuring of the business. This week it is the inflight e…