Hainan Airlines 9-month net profit down more than 70%

Credit: Rob Finlayson
Hainan Airlines Holding reported a net profit of CNY729 million ($106 million) for the first nine months, a 73.6% decline compared to the year-ago period. Revenue for China’s largest private airline group was up 15.9% to CNY52.3 billion year-over-year (YOY), while operating profit was down 73.6% to...

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