11-Feb-2011 12:45 PM
Hainan Airlines forecasts strong 2010 result, Thai AirAsia looks at listing
Analysis
Hainan Airlines shares rose 2.2% yesterday. The carrier added its first service to Sydney in Jan-2011, bringing the number of Chinese carriers operating to the airport to five. At the end of Jan-2011, the carrier announced 2010 net profit would increase six-fold, from CNY335 million (USD50.8 million) in 2009.
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