Hainan Airlines rebounds to profitability in 2009

Hainan Airlines reported net income of CNY334.7 million ($49.1 million) for 2009, a big turnaround from a net loss of CNY1.41 billion in 2008, citing gains from the government's return of the civil aviation fund and real estate investments. Operating revenue climbed 14.7% to CNY15.55 billion while...

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