Juneyao Airlines has reported a first-half net income of CNY191 million ($31 million) due to the robust growth of domestic market demand, according to the Shanghai-based carrier. First-half operating revenue was CNY3.19 billion; it received a government subsidy of CNY57.1 million in the first half. Juneyao did not release figures for its first-half operating expenses or year-ago net income. China’s big three carriers—Air China, China Eastern and China Southern have all reported ...

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