HNA Group's terrible year set to continue into 2019

© Piotr Trojanowski

FlightGlobal has published an excellent examination of HNA Group, the struggling Chinese behemoth. It sums up the “annus horribilis” it has had this year, from its problems meeting interest payments on debt, to attempts to sell off several assets. It sold its stake in Azul, losing $6m in the process; it tried to transfer some stakes to its Hainan Airlines subsidiary, but that fell through last month. While it has identified more stakes to sell, one reported to be on ...