Air Transport World

Hainan Air.(Asia/Pacific)(Brief Article)

Bouncing back in the first quarter of 2004 with a profit of 51.83 million yuan ($6.3 million), the carrier enjoyed a healthy turnaround from a substantial loss in 2003. Passenger numbers jumped 25% over the same quarter last year to 2.4 million and load factor was 9 points higher at 73%. Revenue was up 16.5% to 1.83 billion yuan.

The airline is hoping to spread its wings farther this year after its Haikou base was granted international status last year by the government. …

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