Originally Posted by
KiwiAvi8er
HNA Group citing liquidation fears, Etihad posting another huge loss and this was before their massive route cutback and Covid-19 outbreak. I hope Virgin Australia can make it through as there are some great buggers working there.
How does this play out if HNA goes into liquidation? Will they be forced to sell their stake in VA - none of the current owners will buy it as that will trigger the requirement for a full takeover.
What happens if HNA can’t sell their share - or is that unlikely as someone, somewhere will purchase the shares at a ridiculously low price?