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China: Development Bank intervention for the purchase of 8 A-330/300 aircraft

Subsequent in the order to the indebted group HNA

The China Development Bank (CDB) should finance the purchase of 8 Airbus A-330/300 aircraft for the airlines affiliated to the HNA Group which, due to the heavy debts, does not have the possibility to carry out payment to the European aerospace company. The aircraft will be delivered by the end of this year, after they were "stopped" in the Toulouse plant waiting for them to be paid by HNA, but the...

M/A - 1216674

AVIONEWS - World Aeronautical Press Agency
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