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HNA files for bankruptcy, reorganization By WANG ZHUOQIONG | CHINA DAILY | Updated: 2021-01-30 08:20 Share CLOSE Hainan Airlines Airbus commercial passenger aircraft is pictured in Colomiers near Toulouse, France, Nov 26, 2018. [Photo/Agencies] HNA Group, the parent company of Hainan Airlines, has applied for bankruptcy and reorganization after a long period of financial struggles. The conglomerate said it has received notice from the Hainan High People s Court that creditors had sought the company s bankruptcy and restructuring due to failure to repay debts. HNA said it will cooperate with the court s review, push forward debt restructuring. It will also support the court s efforts to protect the legitimate rights and interests of the creditors and ensure normal operations of the company. ....
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