China’s Spring Airlines reported a net profit of CNY1.33 billion ($205 million) in 2015, up 50% over a net income of CNY884.2 million in 2014. Full-year operating revenue increased 10.5% to CNY8.09 billion while expenses rose 3.55% to CNY6.47 billion. The carrier credited robust market demand growth, fleet expansion and big ancillary revenue increases as main reasons for the profit increase. As of Dec. 31, 2015, the Shanghai-based carrier operated a single fleet of 52 ...

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