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...

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