Exclusive: Amid liquidity concerns, China's HNA Group aviation fuel bill hits $476 million – sources

BEIJING (Reuters) – China’s HNA Group has amassed an estimated 3 billion yuan ($476 million) bill with a state-run aviation fuel company, two oil industry sources said, underscoring how a deepening cash crunch is plaguing core operations at the conglomerate.

Source: Reuters

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>