Hainan reports full-year loss and falling first-quarter profits
Hainan Airlines reported an 11.7% decline in first-quarter profits to CNY12.1 million ($1.5 million) from CNY13.7 million earned in the year-ago quarter, according to a company statement cited by Reuters. Its full-year 2005 result was worse as the carrier lost CNY215.8 million one year after earning...
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