Airline

H1 profits down 25% at Hainan Airlines

  • Share this:
H1 profits down 25% at Hainan Airlines

Hainan Airlines has posted a 25% fall in first-half net income to CNY249.9 million ($39.4 million). The slowdown in domestic market demand, high fuel prices and the slowdown of yuan appreciation have been cited as the main reasons for drop. Operating revenue rose 20% to CNY13.89 billion, with expens...

Page content restricted for non-members!

Become a member!