HNA going down?
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HNA
It is now teetering on a total collapse - what a surprise.. Corruption at its highest level 100% enabled by totally incompetent "connected" elites. |
Well if HNA collapses that will surely solve CXs crewing problem
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Originally Posted by TurningFinalRWY36
(Post 10176314)
Well if HNA collapses that will surely solve CXs crewing problem
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Surely the entire operation would not go kaput overnight. One would think that they could sell off bits and pieces including HKE and HKA which have both had rumors of buyers since news broke that HNA Group had more or less pooped the bed. Would the HK government let SWIRE/CX buy the assets though? That would be one question, and how would other buyers, which have been rumored like Air Asia, navigate the ownership laws?
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Although I don't believe there is a threat to HKA's future, it is fair to say that there will be a long list of suitors interested in purchasing the entire operation if that becomes necessary. It is also safe to say that politically CX will not be allowed to be the purchaser. HK's future in Hong Kong is fairly secure. In fact, I would say that the long term question of survival is more appropriately directed to CX.
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Would that explain why the all the hype of a "Great leap forward" expansion strategy earlier this year suddenly disappeared into thin air? It seems to me like the proposed routes to London, Maledives and Manila have been scrapped and never to be heard again.
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Originally Posted by azhkman
(Post 10176351)
Surely the entire operation would not go kaput overnight. One would think that they could sell off bits and pieces including HKE and HKA which have both had rumors of buyers since news broke that HNA Group had more or less pooped the bed. Would the HK government let SWIRE/CX buy the assets though? That would be one question, and how would other buyers, which have been rumored like Air Asia, navigate the ownership laws?
https://newsroom.aviator.aero/hna-co...and-swissport/ https://www.bloomberg.com/news/artic...wood-investors |
Originally Posted by shinytubedreamer
(Post 10176571)
Would that explain why the all the hype of a "Great leap forward" expansion strategy earlier this year suddenly disappeared into thin air? It seems to me like the proposed routes to London, Maledives and Manila have been scrapped and never to be heard again.
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“Great Leap Forward”? Well there’s their problem in a 3 word slogan. Complete amateurs. Don’t they know it’s “Time to Win”? Embarrassingly inept. |
Originally Posted by Progress Wanchai
(Post 10176765)
“Great Leap Forward”? Well there’s their problem in a 3 word slogan. Complete amateurs. Don’t they know it’s “Time to Win”? Embarrassingly inept. |
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. |
Originally Posted by Cpt. Underpants
(Post 10177041)
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. |
Things are going from bad to worse.
Co-chairman of China's HNA dies in accident in France. |
Very sad outcome , the sceptic in me has to wonder if it was it an accident , or did someone give him a hand ? |
Sceptic ???
Originally Posted by Tea time
(Post 10188516)
Very sad outcome , the sceptic in me has to wonder if it was it an accident , or did someone give him a hand ? Why would he be on a "holiday" in France when the entire company is tanking ??? Would you? This is, pure and simple, Capitalism "with Asian Values". |
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the sceptic in me has to wonder if it was it an accident , or did someone give him a hand ? |
Well.... If HNA Falls over... There will be a surplus of A50 and A330 drivers available for direct entry and throw a spanner in the Cc and TB so called upper hand!
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No one will train that demographic under those circumstances. Regardless, HKA isnt going anywhere. |
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