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KM Financial Solutions | UPDATE 1-HNA’s problems mount as airlines delay payments, bank sets up team to handle debt-sources
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UPDATE 1-HNA’s problems mount as airlines delay payments, bank sets up team to handle debt-sources

15 Jan UPDATE 1-HNA’s problems mount as airlines delay payments, bank sets up team to handle debt-sources

Posted at 03:00h in News by
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SHANGHAI/SINGAPORE, Jan 15 (Reuters) – Some airlines
affiliated with China’s HNA Group Co Ltd are delaying aircraft
lease payments to lessors, and Export-Import Bank of China,
which is a long-term financer of the group, has formed a team to
handle the conglomerate’s liquidity issues, several banking and
leasing sources said.

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