Air Transport World

Hainan Airlines.(ASIA/PACIFIC Report)

Hainan Airlines reported a net profit of CNY311 million ($45.5 million) in the first half, up 63.9% over the CNY189.7 million earned in the year-ago semester. Operating revenue rose 1.5% to CNY6.34 billion

Despite the continuing decline in domestic demand, Hainan is preparing to launch a new airline expected to be based in Hangzhou in cooperation with Qian Tang Aviation Group. …

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