Hainan airlines : HU : CHH
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Hainan airlines : HU : CHH
Les projets de HNA et la volonté des gouvernements locaux chinois soutiennent les plans d'expansion.
Sur ATWonline :
Hainan Airlines earned a net profit in the 2009 first half, according to Chairman Chen Feng, who declined to reveal the exact figure.
The carrier is scheduled to release a detailed financial report for the year's first six months at the end of August. HNA posted net income of CNY311 million ($45.4 million) in the first half of 2008.
Meanwhile, the company is busy expanding its domestic footprint and revealed that it plans to launch Dalian Airlines in conjunction with the local government. It signed a cooperative agreement with the Dalian government but the share proportion hasn't been disclosed. The coastal city in northeast China is a favorite of tourists.
Cooperation with local governments is becoming increasingly common among Chinese airlines. For example, HNA subsidiary Lucky Air received a CNY290 million capital injection from the Yunnan provincial government in June [Vous devez être inscrit et connecté pour voir ce lien]. China Eastern Airlines sold a 35% stake in its Yunnan branch company to the Yunnan provincial
government in May while Shenzhen Airlines is preparing to launch Ningxia Airlines with the Ningxia government.
Industry analysts commented that China's carriers not only get cash infusions from their associations with local
governments but also favorable regulatory treatment from authorities in the investing government.
by Katie Cantle
[Vous devez être inscrit et connecté pour voir ce lien]
Sur ATWonline :
Hainan Airlines earned a net profit in the 2009 first half, according to Chairman Chen Feng, who declined to reveal the exact figure.
The carrier is scheduled to release a detailed financial report for the year's first six months at the end of August. HNA posted net income of CNY311 million ($45.4 million) in the first half of 2008.
Meanwhile, the company is busy expanding its domestic footprint and revealed that it plans to launch Dalian Airlines in conjunction with the local government. It signed a cooperative agreement with the Dalian government but the share proportion hasn't been disclosed. The coastal city in northeast China is a favorite of tourists.
Cooperation with local governments is becoming increasingly common among Chinese airlines. For example, HNA subsidiary Lucky Air received a CNY290 million capital injection from the Yunnan provincial government in June [Vous devez être inscrit et connecté pour voir ce lien]. China Eastern Airlines sold a 35% stake in its Yunnan branch company to the Yunnan provincial
government in May while Shenzhen Airlines is preparing to launch Ningxia Airlines with the Ningxia government.
Industry analysts commented that China's carriers not only get cash infusions from their associations with local
governments but also favorable regulatory treatment from authorities in the investing government.
by Katie Cantle
[Vous devez être inscrit et connecté pour voir ce lien]
Terryan- CLUB
- Messages : 514
Re: Hainan airlines : HU : CHH
Hainan s'en sort encore, par le contrôle des coûts
Sur ATWonline :
Hainan Airlines posted net income of CNY175 million ($25.6 million) in the first half based on domestic accounting standards, down 43.7% from the CNY311 million reported in the year-ago period, on a 3.5% decrease in operating revenue to CNY6.12 billion.
Half-year operating expenses fell 5.5% to CNY5.15 billion. It is noteworthy that the carrier reported only a CNY9.2 million profit excluding government subsidies, down 96.8% from the comparable figure last year. It attributed the fall to the global financial crisis, H1N1 flu and lower airfares caused by "fierce" domestic competition. It said most airlines redeployed international capacity to the domestic market as demand for long-haul travel slid.
HNA introduced 15 737-800s, one A330 and two A340s during the semester and phased out one 737-300, one 737-400 and two A319s.
The Haikou-based carrier had a fleet of 91 aircraft as of June 30 (11 737-300s, nine 737-400s, 56 737-800s, three 767-300s, four A319s, five A330-200s and three A340-600s).
Boosted by the domestic market's strong recovery, passenger boardings climbed 13.2% to 8.1 million and load factor fell 3.5 points to 77%. Cargo volume rose 0.4% to 97,500 tons.
HNA expects to improve its performance in the second half as "stable growth of the domestic market, lower fuel prices and gradual implementation of the government's favorable policies" take effect. It said the "international market has showed signs of hitting the bottom."
by Katie Cantle
[Vous devez être inscrit et connecté pour voir ce lien]
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Sur ATWonline :
Hainan Airlines posted net income of CNY175 million ($25.6 million) in the first half based on domestic accounting standards, down 43.7% from the CNY311 million reported in the year-ago period, on a 3.5% decrease in operating revenue to CNY6.12 billion.
Half-year operating expenses fell 5.5% to CNY5.15 billion. It is noteworthy that the carrier reported only a CNY9.2 million profit excluding government subsidies, down 96.8% from the comparable figure last year. It attributed the fall to the global financial crisis, H1N1 flu and lower airfares caused by "fierce" domestic competition. It said most airlines redeployed international capacity to the domestic market as demand for long-haul travel slid.
HNA introduced 15 737-800s, one A330 and two A340s during the semester and phased out one 737-300, one 737-400 and two A319s.
The Haikou-based carrier had a fleet of 91 aircraft as of June 30 (11 737-300s, nine 737-400s, 56 737-800s, three 767-300s, four A319s, five A330-200s and three A340-600s).
Boosted by the domestic market's strong recovery, passenger boardings climbed 13.2% to 8.1 million and load factor fell 3.5 points to 77%. Cargo volume rose 0.4% to 97,500 tons.
HNA expects to improve its performance in the second half as "stable growth of the domestic market, lower fuel prices and gradual implementation of the government's favorable policies" take effect. It said the "international market has showed signs of hitting the bottom."
by Katie Cantle
[Vous devez être inscrit et connecté pour voir ce lien]
[Vous devez être inscrit et connecté pour voir cette image]
DayAfter- CLUB
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