Juneyao Airlines 2019 Profits Slip; International Growth Plans On Hold

aircraft
The COVID-19 outbreak has stalled Juneyao’s 2020 plans.
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...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

Juneyao Airlines 2019 Profits Slip; International Growth Plans On Hold is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.