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.
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 ...
Subscribe to Access this Entire Article
"Spring Airlines reports $24.8 million net income in 2011 first half" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
