Market demand growth lifts Spring Airlines’ 3Q net profit 48%

Credit: Rob Finlayson
China’s Spring Airlines reported a 2017 third-quarter net profit of CNY634 million ($95 million), up 48% compared to a CNY430 million net income in the year-ago quarter. The results were attributed to robust market demand growth. Third-quarter operating revenue rose 30% to CNY3.4 billion while...

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