A Hainan Airlines plane takes off from the Sanya Phoenix International Airport in Hainan province. The airline reported a rise in profit for 2017 but faces stiff competition ahead. Photo: ReutersA Hainan Airlines plane takes off from the Sanya Phoenix International Airport in Hainan province. The airline reported a rise in profit for 2017 but faces stiff competition ahead. Photo: Reuters
A Hainan Airlines plane takes off from the Sanya Phoenix International Airport in Hainan province. The airline reported a rise in profit for 2017 but faces stiff competition ahead. Photo: Reuters

Some good news for embattled Chinese conglomerate HNA as airline unit sees profits rise

Uncertainty still hovers around Hainan Airlines however as competition heats up, while its parent still wrestles with huge debts

Topic |   HNA Group
A Hainan Airlines plane takes off from the Sanya Phoenix International Airport in Hainan province. The airline reported a rise in profit for 2017 but faces stiff competition ahead. Photo: ReutersA Hainan Airlines plane takes off from the Sanya Phoenix International Airport in Hainan province. The airline reported a rise in profit for 2017 but faces stiff competition ahead. Photo: Reuters
A Hainan Airlines plane takes off from the Sanya Phoenix International Airport in Hainan province. The airline reported a rise in profit for 2017 but faces stiff competition ahead. Photo: Reuters
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