Hainan Airlines 737-800. Photo: By Rob Finlayson. Hainan Airlines reported net income of CNY273.3 million ($41.9 million) in the first quarter, up 8.2% over a CNY252.5 million profit in the year-ago period, owing to the rapid growth of Chinese domestic market demand and revenue generated by fleet expansion, according to a Shanghai Stock Exchange filing. Operating revenue climbed 23.1% to CNY5.76 billion while operating expenses jumped 21.5% to CNY4.31 billion. The carrier didn't ...

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