HNA's asset restructuring is basically to divest non-core business, and then find a counterpart industry central enterprise for mergers and acquisitions. The aviation business will be merged by SASAC. Non-performing assets will be packaged, reorganized and optimized and then managed by state-owned banks. In fact, this problem is much simpler in state-owned enterprises and central enterprises than in private enterprises. It's all just resource reorganization. Look at how China Eastern Airlines annexed Shanghai Airlines when it was dying, and then the airborne troops of China Southern Airlines were elected as the chairman of China Eastern Airlines. How did Shanghai and the central government mobilize resources and play a card to bring China Eastern Airlines back to life?
What is the relationship between bankruptcy reorganization and flight attendants? Aviation is HNA's main business. It is impossible to go bankrupt and dismiss employees. Quality assets, please clarify the concepts of bankruptcy reorganization and bankruptcy liquidation. HNA Group has a market value of over 900 billion yuan and total liabilities of over 700 billion yuan. What if bankruptcy is insolvent? Who will make up for this bubble, not to mention that most of it is the money of the national bank, not its own money, and it involves too many employees. Don't consider the bankruptcy liquidation of HNA, it is almost impossible.
HNA's service is still very good, and excellent talents are still the pillar of enterprise development after bankruptcy and reorganization.