While several Chinese low-cost carriers have struggled, newcomers East Star Airlines and Spring Airlines have started strong. East Star reported net earnings of CNY11.4 million ($1.5 million) on CNY281 million in revenue in its first year of operation, while Spring posted a CNY30 million profit in its recently completed second year. Industry analysts attributed the pair's success to an "air travel plus tourism" operating model--both launched travel agencies designed to attract passengers. ...

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