Hainan finances queried

[codash1099]

High-flying HNA Group comes back to earth as scrutiny hits dealmaking

Wonder how this might potentially affect Virgin?

 

[moa999]

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

 

[codash1099]

The saga continues.

HNA's airlines miss lease payments: report

China's HNA Group to Sell Overseas Property, Dispose Non-Core Assets: 21st Century Business Herald

 

[Deleted member 29185]

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.

 

[codash1099]

Still more trouble? They certainly don’t look to be flush with cash.

Exclusive - Airbus faces A330 delivery delays amid HNA Group woes: sources

 

[yohy?!]

That and their chairman "dying" recently, theyre effectively nationalised/bailed out I think

 

[Cruiser Elite]

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.

 

[Must...Fly!]

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.

 

[moa999]

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

 

[Strategic Aviation]

HNA Group aircraft: delivery delays to new A330s - CAPA Centre for Aviation