|Day's Range||3.13 - 3.20|
|52 Week Range||3.13 - 3.59|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
China’s fast-growing Hainan Airlines said it is buying 19 Boeing Co. passenger jetliners in a deal worth $4.2 billion. The company described its plans in a filing with the Shanghai Stock Exchange, saying it needs more aircraft to meet skyrocketing travel demand among Chinese consumers. Hainan Airlines, a unit of China's powerful HNA Group, said it would buy 13 Boeing 787 Dreamliners and six Boeing 737 Max 8 jets to help manage its continued “rapid growth” in China’s consumer travel market as middle-class incomes rise.
Hainan Airlines Holding said it plans to spend 28.9 billion yuan on planes and issue 15 billion yuan of convertible bonds. Hainan Airlines plans to purchase 19 planes, it said in a Shanghai stock exchange ...
Categories: Yahoo FinanceGet free summary analysis Hainan Airlines Co. Ltd. reports financial results for the quarter ended December 31, 2016. Highlights Summary numbers: Revenues of CNY 9,800.93 million, Net Earnings of CNY -265.03 million. Gross margins narrowed from 20.24% to 8.74% compared to the same period last year, operating (EBITDA) margins now 11.72% from 23.09%. Change in ... Read more (Read more...)