Latest Anthony Scaramucci News

Troubled Chinese airline group proposes paying 40% of debts

Sep. 29, 2021 02:49 AM EDT

BEIJING (AP) — HNA Group, a Chinese airline operator that ran into financial trouble after a global acquisition spree, has proposed a plan to settle $61 billion in debts owed to thousands of creditors by paying 40% of the total. The conglomerate warned in a statement...

China's HNA Group says chairman, CEO detained by police

Sep. 24, 2021 09:59 AM EDT

BEIJING (AP) — The chairman and CEO of HNA Group, the Chinese airline operator that ran into financial trouble following a global acquisition spree beginning in 2014, have been detained on suspicion of committing crimes, the company announced Friday. Chen Feng and Tan...