Chinese aircraft at Beijing. Photo: By Rob Finlayson. Chinese airlines reported an aggregate net profit of CNY1.88 billion ($290 million) in May, up 78.1% over net income of CNY1.05 billion in the year-ago month. The industry attributes the increase to robust domestic market growth stimulated by China’s fast-growing economy. Total operating revenue climbed 22.4% year-over-year to CNY28.1 billion while operating expenses heightened 19.5% to CNY26.27 billion. May passenger ...

Subscribe to Access this Entire Article

"Chinese carriers report 78% profit increase in May" 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?

Already registered? here.