China's HNA wins government help in bid to stay afloat

Debt-ridden airline group unable to handle coronavirus fallout alone

20200302N Hainan Airlines

Hainan Airlines' ridership dropped 35% in January from a year earlier. (Photo by Yusuke Hinata)

YUSUKE HINATA and SHUNSUKE TABETA, Nikkei staff writers

GUANGZHOU/BEIJING -- HNA Group, the once high-flying Chinese conglomerate that has fallen into dire financial straits, appears set to remain a going concern after successfully lobbying the state for support.

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