Hainan Airlines Cites Fuel, Currency Fluctuations In 2018 Net Loss
Credit: Rob Finlayson
SINGAPORE—Hainan Airlines has incurred a CNY3.6 billion ($523 million) loss for 2018, ending its profit-making run; the airline earned CNY3.3 billion in 2017.Including non-recurring items, Hainan’s total loss for 2018 was CNY4.08 billion. The HNA Group subsidiary is the only carrier amongst the top...
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