Xiamen Airlines 737-700. By Rob Finlayson Xiamen Airlines (MF) reported a net profit of CNY2.5 billion ($395 million) for 2011, up 61.3% from CNY1.55 billion year-over-year. Passenger boardings climbed 12.5% to 15.3 million while cargo traffic volume rose 4.4% to 165,000 tonnes. The Xiamen-based carrier didn’t reveal figures for passenger load factor, RPKs and ATKs. In 2011, MF introduced Hebei Aviation Investment Group as its strategic investor to hold the carrier’s ...

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