BEIJING—The chairman of cash-strapped HNA Group has been barred from taking flights and high-speed trains or going on vacations because of the Chinese conglomerate’s failure to pay a court-ordered $5,300 in a lawsuit, a court document showed.
The once high-flying company, which owns Hainan Airlines, is in the midst of a restructuring led by the Hainan Province government to resolve liquidity concerns that stem from years of aggressive acquisitions abroad.
