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Hainan Airlines returns to profits in 3Q2009

20-Nov-2009

Hainan Airlines reported a net profit of USD25.7 million for 3Q2009, as revenues outweighed operating costs during the period. [1435 words]

Unlock the following content in this report:

Subheadings:

  • Encouraging growth continues to cement profits
  • Signs cooperation agreement with Jinzhou Government
  • 2009/10 winter schedule demonstrates across-the-board growth
  • First Chinese carrier into Honolulu
  • Applies to continue expanding throughout Southeast Asia
  • Renews continuing connected transactions agreement with Hainan Meilan Airport
  • Shanghai HNA General Aviation Co renamed Shanghai Deer Aviation Branch Co
  • Signs strategic cooperation agreement with MASkargo
  • Enhanced product integration, as insurance JV started

Graphs and data:

  • Hainan Airlines - consolidated financial highlights for three months ended 30-Sep-09
  • Hainan Airlines passenger number growth and cargo volume growth:  Oct-2008 to Oct-2009
  • HNA Group businesses
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