Aviation News
- Hainan Air aims for 25% sales rise
Date: 9-Mar-2007 Sources: (Shenzhen Daily)
HAINAN Airlines Co., China's fourth-largest air carrier, aims to increase its sales by at least 25 percent this year, helped by robust growth in demand for air travel in China, its chairman said Wednesday.
Hainan Air, partly controlled by U.S. billionaire financier George Soros, also plans to take delivery of no fewer than 10 aircraft this year as it expands its network, Chen Feng said. The Shanghai-listed carrier, based on the southern island of Hainan, booked 9.22 billion yuan (US$1.19 billion) in sales in the first three quarters of last year, up from 7.30 billion in the same period a year earlier. It has yet to release its 2006 figures.
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