Airlines owned by Chinese conglomerate HNA Group have missed payments due on leased aircraft, the chief executive of lessor Aergo Capital has told industry publication FlightGlobal.
HNA had “stopped paying – via their owned airline subsidiaries – some lessors for leased jets for the past two to three months,” Aergo CEO Fred Browne was quoted as saying.
“We only have one aircraft exposed, but I know others have a lot more,” Browne told FlightGlobal. “If those lessors turn around and say ‘no more’ and pull those aircraft out, that could truly shake the market.”
https://www.reuters.com/article/us-hnag ... SKBN1DZ33G