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China: default for Hainan Group

The paradox of the failure of a company in an expanding market

Among the devastating consequences of the coronavirus, there is the paradox of the failure of the Chinese conglomerate Hainan Group, involved in numerous sectors including aviation, financial services, tourism and logistics. It seemed impossible until a few weeks ago considering that China is a country in colossal expansion in the air transport sector. The company controls the carriers Hainan Airlines,...

RC3 - 1227982
Beijing, China, 02/21/2020 09:33
AVIONEWS - World Aeronautical Press Agency

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