HNA seals latest acquisition amid debt fears

Chinese airline HNA Group is close to sealing the $10 billion takeover of an aircraft-leasing company. But questions are starting to be asked.

Avolon, a subsidiary of HNA, agreed this week to buy the aircraft-leasing arm of US lender CIT Group, beating a large group of other bidders in the highly-competitive deal. 

¬ Haymarket Media Limited. All rights reserved.

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