Exclusive: Amid liquidity concerns, China’s HNA Group aviation fuel bill hits $476 million – sources

BEIJING (Reuters) – China’s HNA Group has amassed an estimated 3 billion yuan ($476 million) bill with a state-run aviation fuel company, two oil industry sources said, underscoring how a deepening cash crunch is plaguing core operations at the conglomerate. HNA’s outstanding balance with China National Aviation Fuel Group Ltd (CNAF), the…

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