Juneyao Airlines’ net profit up 22% in 3Q

Credit: Rob Finlayson
Shanghai-based Juneyao Airlines reported a third-quarter net profit of CNY554.3 million ($83.1 million), up 22% compared to a net income of CNY454.5 million in the year-ago quarter. Third-quarter operating revenue grew 24.4% to CNY3 billion while operating expenses were up 26.7% to CNY2.4 billion...

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