Hna Aviation Group News
China poised for HNA Group takeover as debts mount
HNA Group is on the point of being taken over by the Chinese government and dismantled according to reports. The coronavirus outbreak in the country has hit the conglomerate’s ability to meet financial obligations, leaving it vulnerable to default.
HNA Group sells stake in gategroup in latest divestment
Upon completion of the transaction, RRJ Capital will become gategroup’s sole shareholder and Temasek will remain invested in gategroup through a mandatory exchangeable bond.
HNA Group to sell stake in Hilton
HNA Group has revealed it plans to sell some or all of its stake in hotel giant Hilton. The stake, valued at just over $6 billion, will provide cash for the heavily indebted conglomerate as it seeks to battle a lack of liquidity.
HNA Open de France golf tournament tees off in Paris
HNA Group has announced the start of the HNA Open de France. The opening marks the first year that HNA Group is serving as title sponsor for the tournament, as part of a five-year commitment.
HNA Tourism signs strategic partnership with Vanuatu
A ceremony to mark the signing of a strategic cooperation agreement between HNA Tourism and the Republic of Vanuatu has taken place in Hong Kong.
Sabre and HNA Aviation Group expand agreement
Sabre Corporation has entered into an agreement with HNA Aviation Group to provide its airlines with software that will help create more revenue opportunities, while operating more efficiently. Sabre Airline Solutions will play a key role in helping the airlines navigate the highly complex operating environments that are seen in China and the global aviation landscape.