Hainan Airlines said it expects its net profit for the first half of 2008 to "achieve a growth of over 50%" from the CNY189.7 million ($27.6 million) reported in the year-ago semester. It cited the "continuous appreciation" of the yuan and the "prosperous development of the domestic aviation industry" for the result. It is scheduled to release its first-half figures on Aug. 30.
Subscribe to Access this Entire Article
"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.