海航控股上半年扭亏为盈 自贸港红利助推发展提速

Core Viewpoint - HNA Group has achieved a turnaround in profitability for the first time since the restructuring by Liaoning Fangda Group, reporting a net profit of 57 million yuan in the first half of 2025, with a revenue of 33.083 billion yuan, marking a year-on-year growth of 4.22% [1] Company Summary - In the first half of 2025, HNA Group capitalized on the recovery of international routes, launching 12 new international routes and planning to increase the number of international flights by 30% compared to 2019 by the end of the year [1] - HNA Group's subsidiary, Hainan Airlines, has been recognized as one of the world's top airlines, maintaining its "SKYTRAX five-star airline" status for the 14th consecutive time and ranking in the top 10 global airlines [2] - The company is expected to benefit significantly from the upcoming full closure of Hainan Island on December 18, 2025, which will lower core operating costs and enhance its ability to meet growing business and tourism demands [2] Industry Summary - The airline industry is experiencing a favorable supply-demand balance, with high passenger load factors and relatively low fuel costs, which are expected to enhance the profitability of companies in the sector [3]