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MarketScreener Homepage  >  Equities  >  Shanghai Stock Exchange  >  Hainan Airlines Holding Co.,Ltd.    900945   CNE000000RT0

HAINAN AIRLINES HOLDING CO.,LTD.

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Hainan Airlines : Awarded the SKYTRAX 5-Star Airline Designation for the 9th Consecutive Year

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06/10/2020 | 09:36am EDT

On June 18, Paris local time, international air transport rating organization SKYTRAX announced the winners of the 2019 SKYTRAX World Airline Awards. Hainan Airlines was named a SKYTRAX 5-star airline for the 9th consecutive year and ranked 7 among the Top 10 SKYTRAX carriers. It also received top position in Best Business Class Comfort Amenities, Best Airlines in China and Best Airline Staff in China categories.

SKYTRAX president Edward Plaisted presented the SKYTRAX 5-Star Airline award to Chairman of HNA Group Chen Feng at the award ceremony. Mr. Plaisted commented, 'It is the 9th time Hainan Airlines has been honored as a SKYTRAX five-star airline in 2019. Over the last 9 years, the carrier has continued to deliver innovations and breakthroughs in quality. By combining traditional Chinese influences with internationally-trendsetting designs, Hainan Airlines continues to position itself as a distinctly Eastern inspired leading global airline.'

Chairman of HNA Group Chen Feng received the SKYTRAX 5-Star Airline Award at the award ceremony

Chairman of HNA Group Chen Feng received the SKYTRAX 5-Star Airline Award at the award ceremony

While accepting the award, Mr. Chen stated, 'We are honored to receive the continued recognition from Chinese and international passengers as a recipient of the 2019 SKYTRAX World Airline Awards. It wouldn't be possible without the long-term trust and support of our passengers. We also dedicate this award to our global staff, who helped transform Hainan Airlines into an outstanding global aviation group through their unparalleled creativity.'

Over the past year Hainan Airlines has upgraded its products and optimized its services with the aim of creating an unparalleled air travel experience. The company partnered with renowned design firm PriestmanGoode to create the new 'Dream Feather' visual design. The British firm's three-year project revolutionized passengers' flight experience from check-in to touchdown. Hainan Airlines' 787-9 Dreamliner with 'Dream Feather' interiors were rolled out with the launch of the new Premium Economy class, providing a new option to international travelers.

As a customer feedback focused operator, Hainan Airlines responded to its passengers and upgraded its specialty Care More programs, designed to bring extra attention to the special needs of children, pregnant mothers, and senior citizen passengers onboard.

Hainan Airlines'Hai Chef culinary services were also enhanced. It stepped up collaborations with R&D directors at leading international restaurants, famous chefs from Michelin-rated restaurants, and five-star hotels to provide passengers with authentic Chinese and Western delicacies at 30,000 feet.

Hainan Airlines has launched more than 2,000 domestic and international routes covering Asia, Europe, North America and Oceania, serving 63 cities outside of its home market in China. Since its maiden flight in 1993, Hainan Airlines has not had a major accident in its 26 years of operation, having logged over 7 million hours of safe flights. Looking forward, Hainan Airlines plans to further harness its global mindset to upgrade its full suite of products and services, aiming to delivering an unparalleled flying experience to travelers from all over the world.

(C) 2020 Electronic News Publishing, source ENP Newswire


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Financials
Sales 2019 72 389 M 10 825 M 10 825 M
Net income 2019 543 M 81,2 M 81,2 M
Net Debt 2019 66 823 M 9 992 M 9 992 M
P/E ratio 2019 35,9x
Yield 2019 -
Capitalization 28 119 M 4 207 M 4 205 M
EV / Sales 2018 1,46x
EV / Sales 2019 1,33x
Nbr of Employees 24 772
Free-Float 63,4%
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NameTitle
Jun Xu President & Director
Fei Wang Chairman
Hao Ming Xie Chairman
Dong Sun Chief Financial Officer
Wei Gang Mou Vice Chairman
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