Hainan Airlines bounced back into the black last year, posting a CNY181.6 million ($23.5 million) profit that represented a reversal from a CNY215.7 million loss in 2006. Xinhua Financial Network reported that the carrier's "core business revenue" climbed 23.7% to CNY12.45 billion against a 26.2% increase in costs to CNY10.36 billion. Passenger numbers grew 12.4% to 14.4 million, but the airline said it is targeting 12.8 million passengers this year. No explanation for the decline was ...

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