Hong Kong Airlines | China Daily Network

Owner of Hong Kong Airlines gets HK$4.4 billion loan from Chinese state banks, but doubts surface over whether money will be used to save struggling carrier

Posted By: Editoron: December 03, 2019In: Business, NewsNo Comments

Chinese state-owned banks have given the owners of failing Hong Kong Airlines a HK$4.4 billion loan, the group said in a filing to the Shanghai Stock Exchange late on Monday. HNA Group had earlier obtained the 4 billion yuan cash injection, and said the money would be used for aviation fuel, aircraft expenditure, operational expenses […] Read more

Owner of Hong Kong Airlines gets HK$4.4 billion loan from Chinese state banks, but doubts surface over whether money will be used to save struggling carrier

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