Shandong Airlines posted net income of CNY44 million ($5.7 million) in 2006, a reversal from the prior year's loss of CNY273.6 million, on a 45.2% lift in operating revenue to CNY 4.2 billion. The company attributed the result in part to "readjustment of aircraft makeup," referring to its successful sale of two business jets and optimization of its fleet of CRJ200s and CRJ700s. Shandong had incurred losses operating the CRJs independently and has been working to fly them in partnership with ...

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