Hainan Airlines May Announce Restructuring

Hainan Airlines is undergoing major restructuring due to financial pressures from overspending on acquisitions and government scrutiny. The company faces liquidity challenges, with high borrowing costs and questions about asset pledges. The restructuring aims to restore confidence by demonstrating asset liquidity and addressing debt. Despite financial difficulties, Hainan Airlines is considered too big to fail due to its extensive investments and government connections.

What steps does Hainan Airlines need to take to restore confidence among its stakeholders?

In what ways is Hainan Airlines considered 'too big to fail'?