Juneyao Airlines 1H profit drops 6.4% as costs rise
Credit: Rob Finlayson
China’s Juneyao Airlines reported a 2019 first-half net profit of CNY578.7 million ($84.3 million), down 6.4% compared to the year-ago half. The Shanghai-based carrier earned CNY8.1 billion in revenue, a 16.3% year-over-year (YOY) improvement, while costs outpaced income growth at 19.9% YOY to CNY6...
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