philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Mar 3, 2019 11:19:54 GMT 1
This is very interesting information, though there is a problem with the article : its focus is on HK Airlines, while much of the financial problem is with the HNA group as a whole. As regards the alleged plan to offoad some ten A332s, I'm not sure that this is going to be easy or even feasible quickly in present market conditions, unless the aircraft are leased and some contracts are expiring soon. I also doubt they can continue to take deliveries while trying to reduce capacity. I see this fleet reduction project as part of HNA's general drive to sell as many assets as possible, not as a carefully designed plan. More turbulence should be expected. |
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Post by stealthmanbob on Mar 5, 2019 12:20:07 GMT 1
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s543
in service - 2 years
Posts: 3,951 
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Post by s543 on Mar 5, 2019 12:24:45 GMT 1
Does not look too good - as always we will see what will happen..... |
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Post by stealthmanbob on Mar 5, 2019 13:03:47 GMT 1
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Post by stealthmanbob on Apr 16, 2019 14:10:09 GMT 1
I thought it might be a good idea to set up this thread ? Maybe ca350 the general posts in the A350 / A330 threads about HNA and Hong Kong Airlines could be moved here to unclutter them ? |
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Post by stealthmanbob on Apr 16, 2019 14:12:00 GMT 1
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Post by ca350 on Apr 16, 2019 17:57:25 GMT 1
stealthmanbob good idea. Posts about general HNA problems moved to heere.
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Apr 17, 2019 11:45:05 GMT 1
Yet, HK Airlines' problems are a comparatively small part of the big picture - the HNA group's financial situation. Trying to understand the problems of the group through the situation of one subsidiary is the wrong approach, in my opinion.
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mjoelnir
in service - 2 years
Posts: 4,087
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Post by mjoelnir on Apr 17, 2019 11:56:50 GMT 1
Yet, HK Airlines' problems are a comparatively small part of the big picture - the HNA group's financial situation. Trying to understand the problems of the group through the situation of one subsidiary is the wrong approach, in my opinion. But the subsidiary run as a separate company has also its separate book keeping. Such a company should not need to get steady infusions of capital from the group. The main problem at HK Airlines is, that they themselves are loosing money. |
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Apr 17, 2019 12:51:25 GMT 1
But the subsidiary run as a separate company has also its separate book keeping. Such a company should not need to get steady infusions of capital from the group. The main problem at HK Airlines is, that they themselves are loosing money. True, but on the other hand, if the owner was able to fund a restructuration, or provide some equity for fleet modernisation, it would make the matter more manageable. If I can use an analogy, your son may have to go to work instead of studying if you cannot pay for his tuition fee ...  |
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