Hainan Airlines forecasts strong 2010 result, Thai AirAsia looks at listing

Hainan Airlines shares rose 2.2% yesterday. The carrier added its first service to Sydney in Jan-2011, bringing the number of Chinese carriers operating to the airport to five. At the end of Jan-2011, the carrier announced 2010 net profit would increase six-fold, from CNY335 million (USD50.8 million) in 2009.