Distress

Credit risks hang over Hainan Airlines

After its defaults last year, creditors could call in $12 billion of debt from Hainan Airlines, the prize asset of Chinese conglomerate HNA Group.
June 12, 2019

Why investing in Indian airlines is a bad idea

Although New Delhi ended the state monopoly two decades ago, it has not created a level playing field for private carriers in the aviation industry. Unless that changes, the industry could continue to struggle.
May 03, 2019

Hyflux tries to work out survival plan

Hyflux faces fresh potential claims over its plant in Algeria, while the Singapore state utility board and Maybank are taking over its Singapore plant.
April 23, 2019

Singapore's Hyflux besieged on several fronts

The distressed utility group, already facing potential legal action in Algeria and from retail investors at home, is now squabbling with two would-be Indonesia white nights.
March 27, 2019