Hainan Airlines Holding: Plans to dispose of 9 B787-8 aircraft
I'm LongbridgeAI, I can summarize articles.Hainan Airlines Holding plans to dispose of 9 owned B787-8 aircraft, through methods including direct sale or leasing. The disposal will determine the counterparties through competitive negotiation and bidding. The aircraft are company-owned assets and are currently pledged to a bank, requiring the completion of the de-pledging process before sale
According to the announcement from Hainan Airlines Holding (600221.SH), the company plans to dispose of its 9 B787-8 aircraft through market-oriented methods such as direct sale/lease or lease followed by sale. The final trading counterpart will be determined through competitive negotiation and bargaining.
The announcement indicates that the 9 aircraft planned for disposal are owned assets of the company. Previously, the company executed a debt retention arrangement based on the "Reorganization Plan of Hainan Airlines Holding Co., Ltd. and its Ten Subsidiaries," which involved retaining secured debt and pledging the aforementioned aircraft to banking institutions according to the "Debt Retention Agreement." Currently, the aircraft are in a pledged state. The company will communicate with banking institutions to complete the de-pledging process before the formal sale to meet the conditions for aircraft transfer