Hainan Airlines posts 2018 net loss on higher operating costs
Credit: Rob Finlayson
China’s Hainan Airlines has incurred CNY3.6 billion ($523 million) loss for 2018, reversed from a net profit of CNY3.3 billion in 2017, ending its profit-making run. Including non-recurring items, the HNA Group subsidiary’s total loss was CNY4.08 billion—the only carrier among the top four Chinese...
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