Spring Airlines reported a half-year net profit of CNY41.17 million ($6 million), a threefold year-over-year improvement, on a 20% lift in revenue to CNY894 million. The Shanghai-based carrier credited "effective cost control" and a "high load factor" for the result. It said it saved about CNY28.41 million in fuel expenses for the first six months and maintained a load factor of 95%, 17.4% higher than the domestic airline industry average. Looking ahead, Spring expects to earn net income of ...

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