Shanghai-based Spring Airlines posted net income of CNY160 million ($24.8 million) in the 2011 first half, down 6.3% from a net profit of CNY170 million in the year-ago period, according to Chairman Wang Zhenghua. Wang said Spring's operating revenue for the year's first six months climbed more than 20% year-over-year to CNY1.9 billion. He didn't disclose operating expenses or passenger traffic figures. Looking to the year's second half, Wang said, “We would expect ...

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