Shandong Airlines 737-800. Photo: By Rob Finlayson. Shandong Airlines reported a first-quarter net profit of CNY169.5 million ($26 million), up 79.5% over net income of CNY94.39 million in the year-ago period. The carrier credited “the robust growth of domestic market demand stimulated by a fast-growing Chinese economy” for the improved result. First-quarter revenue climbed 35.6% year-over-year to CNY2.03 billion while expenses jumped 32% to CNY1.53 billion, which was ...

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