Hainan Airlines will increase its 2007 net profit by more than 200% from the prior year when it earned CNY181.6 million ($25.2 million), parent HNA Group said. It credited the "rising value of [the yuan] and continuous development of [the] aviation industry" for the projected result. Hainan Airlines is set to be merged into Grand China Air (ATWOnline, Nov. 30, 2007). HNA also said it has secured a CNY20 billion line of credit with Agricultural Bank of China as well as a CNY1.8 billion loan ...

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