Hainan finances queried

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Wonder how this might potentially affect Virgin

Probably not massively unless it needs another capital injection.
If Hainan is truly in trouble, suspect other assets are worth a bit more than their VA stake
 
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This is a bugger, especially as they've only just started the Cairns run. I was thinking this may be a good option, with VA status and good reports as to the airline itself. Not so good if they are on shaky ground.
 
That and their chairman "dying" recently, theyre effectively nationalised/bailed out I think
 
That and their chairman "dying" recently, theyre effectively nationalised/bailed out I think
The dogs are barking this - too big and too important for the Chinese govt to let fail - changes will be forthcoming but airlines will continue - well so I have been informed by some who claim to know.
 
The dogs are barking this - too big and too important for the Chinese govt to let fail - changes will be forthcoming but airlines will continue - well so I have been informed by some who claim to know.
It does put the part-stake in VA in more of a spotlight.
 
Given HNA owns its own leasing finance company it's a worry.
Guess it depends whether new Chair is as connected.

While big, they aren't as big as the tile - and in the central governments interest to let them fall if they ever want to sell off the others
 
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