Hainan Airlines posted first-quarter net income of CNY252.5 million ($37 million), a more-than-sevenfold increase over a CNY31.8 million profit in the year-ago period. Operating revenue rose 36.4% to CNY4.7 billion against a 30.9% lift in expenses to CNY3.5 billion. The Haikou-based carrier credited "domestic market recovery" and its effective "fleet expansion" for the positive performance.

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