Juneyao Airlines 2019 Profits Slip; International Growth Plans On Hold
Credit: Rob Finlayson
Encumbered by a poor fourth quarter, independent Chinese carrier Juneyao Airlines saw its 2019 total net profit slide 19.3% year-on-year (YOY) to CNY994.5 million ($142.3 million). Revenue increased to CNY16.7 billion, a double-digit improvement of 16.6%, partly due to an increase in passengers...
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