Hainan Airlines posted an CNY8.7 million ($1.1 million) profit in the second quarter, a reversal from a CNY3.4 million loss in the year-ago period, the carrier said in a filing with the Shanghai stock exchange cited by press reports. Revenues climbed 26% to CNY2.95 billion. Six-month profits doubled to CNY20.8 million on a 16% increase in passenger volume and 20% growth in freight. Turnover was up 26% to CNY5.75 billion against a 29% surge in costs to CNY4.61 billion. Hainan also said it ...

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