Hainan Airlines expects sixfold increase in net income in 2010
The Haikou-based carrier credited "rapid growth of market demand stimulated by the global economic recovery and robust domestic economic growth," favorable government policy that aims to build Hainan as a vacation destination and increase operating efficiency.
Owing in large part to surging domestic growth, Chinese carriers earned a collective net profit of CNY35.1 billion ($5.28 billion) in 2010, according to CAAC.
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