Hainan Airlines expects to return to net profit for 2021

27/1/2022 2:27:00 PM

Hainan Airlines expects to return to net profit for 2021

Hainan Airlines expects to return to net profit for 2021

BEIJING : Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday.The airline expects to report a 2021 net profit of between 4.5 billion yuan and 6.2 billion yuan ($708 million to $975 million) after suffering a lo

BEIJING : Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday.The airline expects to report a 2021 net profit of between 4.5 billion yuan and 6.2 billion yuan ($708 million to $975 million) after suffering a loss of 64 billion yuan a year earlier, it said in a stock filing.

In early December, the indebted HNA Group transferred management of its core aviation business, including Hainan Airlines, to strategic investor Liangning Fangda Group Industrial, wrapping up a years-long debt crisis at one of China's highest flying conglomerates.

Read more: CNA »

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LinkedIn BEIJING : Hainan Airlines expects to return to net profit for last year following restructuring and a pickup in domestic travel, the carrier said on Thursday.Posted on 27 January 2022 | 1,122 views | 0 comments The New Paper Jan 26, 2022 Storm in a teacup? It was more of a snowstorm in Greece, felt all the way here in Singapore.Tornado Cash , a 'mixing' service that is used to prevent blockchain tracing of funds.LinkedIn SEOUL: Samsung Electronics' fourth-quarter profit rose 53 per cent, helped by brisk sales of memory chips and higher margins in chip contract manufacturing.

The airline expects to report a 2021 net profit of between 4.5 billion yuan and 6. They could not leave the airport here because of Covid-19 restrictions.2 billion yuan ($708 million to $975 million) after suffering a loss of 64 billion yuan a year earlier, it said in a stock filing. Elliptic estimates the market value of the affected NFTs to be over $1 million. In early December, the indebted HNA Group transferred management of its core aviation business, including Hainan Airlines, to strategic investor Liangning Fangda Group Industrial, wrapping up a years-long debt crisis at one of China's highest flying conglomerates. “Shame on you,” Ms Irene Caselli, who described herself as a journalist covering early childhood, told Scoot, and its parent company Singapore Airlines, in one of her tweets. ($1=6.8 trillion won earlier this month.

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