Shanghai-based low cost carrier Spring Airlines has reported a net profit of CNY619.5 million ($97 million) for the first half of 2015, up 129% over the CNY270.8 million for the same period the previous year. Operating revenue was up 15% to CNY3.95 billion, while operating costs increased 2.8% to CNY3.1 billion. The airline credited lower fuel prices and “robust growth in market demand” as the main reasons for the performance. Passenger boardings increased 15% to 6.3 million ...

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