Hainan Airlines Predicts Profits For Fiscal 2019

Hainan Airlines Airbus A330-200
Credit: Rob Finlayson
With positive operational tailwinds and asset disposals in 2019, China’s Hainan Airlines announced in a stock announcement that it is expecting an estimated net profit between CNY450 million ($65.2 million) and CNY675 million for fiscal 2019, reversing the CNY3.6 billion loss it made in 2018. The...

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