China’s Spring Airlines has estimated its 2017 net profit will increase 33% to CNY1.3 billion ($193 million) as a result of the LCC’s network optimization and revenue management, according to a preliminary earnings estimate released by the Shanghai Stock Exchange. Operating revenue is projected to have jumped 30.2% to CNY11 billion. The Shanghai-based carrier, which did not disclose operating expenses, said the figures were unaudited. Passenger boardings grew 20.7% to 17.2 ...

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