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Thread: HNA going down?
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Old 21st Jun 2018, 06:02
  #13 (permalink)  
azhkman
 
Join Date: Mar 2015
Location: Hong Kong
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Originally Posted by Cpt. Underpants
Swires have no desire to stay in the airline business. They'll dump CX as soon as they can turn a massive profit. My best guess is 14 months.

SQ/Temasek are salivating at the thought of getting into HKG, especially with a turnkey LCC like HNA.

MY money is on SQ.
As awesome as this would be, would Singapore have to establish a HK Entity through an investment with a local stooge playing the part of fat-cat business owner with at least 34% on paper? Not saying it is not doable, but CX would go ape. Should make for some good reading in the SCMP / Standard though. I'm happy to be the stooge, but I'll need someone to front my capital contribution.
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