From HKA
First of all, I imagine most of you is aware of the worrying news that is going around: HNA bankruptcy.
I have been asked to share the following news from the VPFO.
1. This is a planned restructure.
2. This is as per schedule.
3. There will be no change in HKA structure
4. Hainan Aviation group and HKA will operate as normal.
To expand a bit on the subject, HNA is divided in 3 sections:
HNA Group, HNA Aviation and HNA Airlines.
Only HNA Group has filed for bankruptcy and this won't affect the other two divisions.
It was a willful decision to restructure HNA and to allow new investors to join.