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Hainan Airlines, the major subsidiary airline of acquisitive conglomerate HNA Group, reported that its annual revenue swelled 15.48% YoY to RMB 40.68 billion in 2016. Transport revenue was RMB 38.04 billion last year, 14.99% more than previous year. The carrier registered ancillary income of RMB 2.64 billion in the year, up by 22.95% YoY. Net profit rose 4.69% to RMB 3.41 billion during the time. Total turnover grew 23.82% YoY to 8.44 billion ton-kilometers in 2016. Passenger traffic increased 21.83% to 47.02 million last year and freight volume was 407,400 tons, up by 5.88% YoY. (Translated by Jerry) |
