Hainan Airlines reported a first-half net income of CNY249.9 million ($39.4 million), down 25% over the net profit of CNY417.3 million for the year-ago period.
Hainan Airlines A330-200. By Rob Finlayson Hainan Airlines reported a first-half net income of CNY249.9 million ($39.4 million), down 25% over the net profit of CNY417.3 million forthe year-ago period. The Haikou-based carrier cited the slowdown of domestic market demand, high fuel prices and the slowdown of yuan appreciation as the main reasons for the results. Operating revenue climbed 20% to CNY13.89 billion against an increase of 20.4% in operating expense to CNY10.52 ...
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