Hainan Airlines shrinks but profitable in first half

Article Date : 11 September 2008

Hainan Airlines reported stronger operating and net profits in the six months ended 30 June-08, aided by a $66.2 million foreign currency gain (+126% year-on-year). Hainan Airlines produced the best operating margin of the listed Chinese airlines in the first half of 2008. Hainan’s good financial performance was produced despite it recording the weakest passenger and revenue...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/airtravel/2008/09/12/hainan-airlines-shrinks-but-profitable-in-first-half.html

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Hainan Airlines shrinks but profitable in first half

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