HNA Group expects 1H08 profit to surge 50%

Hainan Airlines expects its 1H08 profit to increase 50% year-on-year, due to the appreciation of the Yuan.

The carrier was also less exposed to soaring international fuel prices, as it mainly operates domestic routes for which more favourable fuel prices apply. Net income in 1H07 was USD27.6 million.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 325 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.