Shandong Airlines earned a CNY112.5 million ($16.4 million) net profit in the first six months of 2009, up 91.9% from the CNY58.6 million reported in the year-ago semester thanks to a recovery in domestic demand and government subsidies. Half-year operating revenue fell 3.6% to CNY2.34 billion against a 6.9% decrease in expenses to CNY18.56 billion. Passenger boardings climbed 13.5% to 3.5 million but cargo traffic fell 3% to 37,000 tons. Shandong's fleet comprises 12 737-300s, three ...

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