cwt international

Credit risks hang over Hainan Airlines

After its defaults last year, creditors could call in $12 billion of debt from Hainan Airlines, the prize asset of Chinese conglomerate HNA Group.

June 12, 2019

HNA-linked firms rocked by shareholder fights and asset seizures

A shareholder dispute is escalating at Hong Kong Airlines and creditors have seized most of the assets of CWT International. Both firms are partially owned by troubled HNA Group.

April 24, 2019

CWT International’s default threatens survival

CWT International's default on $270 million loans means that its assets could be seized by creditors as early as Wednesday morning.

April 16, 2019