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.
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 ...
Subscribe to Access this Entire Article
"Xiamen reports 61% rise in 2011 net profit " 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.