Hainan Airlines returns to profits in 3Q2009

Hainan Airlines reported a net profit of USD25.7 million for 3Q2009, as revenues outweighed operating costs during the period. [1435 words]

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This report contains the following subheadings:

• Encouraging growth continues to cement profits
• Signs cooperation agreement with Jinzhou Government
• 2009/10 winter schedule demonstrates across-the-board growth
• First Chinese carrier into Honolulu
• Applies to continue expanding throughout Southeast Asia
• Renews continuing connected transactions agreement with Hainan Meilan Airport
• Shanghai HNA General Aviation Co renamed Shanghai Deer Aviation Branch Co
• Signs strategic cooperation agreement with MASkargo
• Enhanced product integration, as insurance JV started

This report contains the following charts and tables:

• Hainan Airlines - consolidated financial highlights for three months ended 30-Sep-09
• Hainan Airlines passenger number growth and cargo volume growth:  Oct-2008 to Oct-2009
• HNA Group businesses