China’s Spring Airlines and Juneyao Airlines posted third-quarter net profits due to market demand growth and lower fuel prices. Shanghai-based Spring Airlines reported a third-quarter net profit of CNY582.8 million ($91.4 million), up 50.7% over a net income of CNY386.72 million in the year-ago quarter. Operating revenue climbed 10.8% to CNY2.37 billion while operating expenses rose 2.6% to CNY1.8 billion. Shanghai-based Juneyao Airlines posted a third-quarter net income of ...

Subscribe to Access this Entire Article

"China’s Spring, Juneyao airlines report 3Q profits " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.