Spring Airlines posts net profit in 1Q

Credit: Rob Finlayson
China’s Spring Airlines earned a first-quarter net profit of CNY366.68 million ($56.7 million), up 44% over a net income of CNY254.32 million in the year-ago quarter. First-quarter operating revenue grew 3.5% to CNY2.09 billion while operating expenses increased 2% to CNY1.74 billion. The carrier...

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