Airlines

Hainan Airlines warns full-year loss could hit staggering CNY65 billion

By 2021-02-01T03:49:00

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Source: Wikimedia Commons

China’s Hainan Airlines has forecast a staggering full-year net loss of between CNY58 and 65 billion ($9-10 billion), with asset impairment costs expected to account for a significant portion of its red ink.

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