Originally Posted by
HURZ
Reading the news, especially from the last days, the whole HNA group could implode any time. 7 parts of HNA, incl Hainan Airlines stopped trading on the stock exchange. It’s all build on dept fueled aquisations to an incredible extend.
Anyone from inside who can comment please? Salaries still paid etc....
That's unfortunate. HNA is one of those few companies in China that are managed more like a business than a mafia. Still, there's enough opacity that rot isn't found and removed before it harms stakeholders.
The problem is decisions are made and money moves in the interests of fat cats and their friends, not for expertly calculated benefit of the company.
That hurts the careers of pilots, as they need a fiscally healthy company.