Hainan Airlines more than triples net profit in 1H

Credit: Rob Finlayson
Hainan Airlines reported a first-half net profit of CNY1.6 billion ($261 million), more than tripled from a net income of CNY482.6 million in the year-ago half. Operating revenue dropped 7.6% to CNY16.62 billion while expenses fell 14.6% to CNY15.22 billion. The Haikou-based carrier cited fleet...

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