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...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.