China’s Spring Airlines’ 2017 net profit up 33% on robust demand

Credit: Rob Finlayson
Shanghai-based Spring Airlines posted a net profit of CNY1.3 billion ($207 million) for 2017, up 33% compared to net income of CNY950.5 million in the prior year. The carrier cited robust growth of passenger market demand and network optimization as reasons for the improvement. As the biggest LCC in...

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