Spring Airlines’ 1H net profit down 25% on higher operating costs
Credit: Rob Finlayson
Shanghai-based LCC Spring Airlines reported a net profit of CNY554 million ($81.7 million) in the 2017 first half, down 25.2% over net profit of CNY740.1 million in the year-ago half because of a sharp increase of operating costs. Operating expenses jumped 41% to CNY5 billion while operating revenue...
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