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. The carrier cited business scale expansion, stable growth of market demand and increased operating revenue as the main reasons for the much-improved performance. For the January-October period, ...

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