default_image
© Khunaspix Dreamstime.

Troubled Chinese conglomerate HNA Group has again postponed the repayment of a loan from subsidiary Swissport, while it “concludes the assessment of its strategic options” for the Swiss handler. 

After HNA borrowed €360m, Swissport received some €83m in May last year and agreed to wait five months for the balance.

This agreement was stretched in October and will now be “further continued”.

Swissport will be receiving interest at market rates, but the extension suggests HNA is again considering its options for the handler.  

HNA Group bought Swissport amid much ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.