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Juneyao revenue increase 64% for a profitable year in 2008

16-Mar-2009

Juneyao Airlines reported (22-Jan-09) a 63.6% year-on-year increase in revenues to CNY114.1 million (USD16.7 million) for the 12 months ended 31-Dec-08, resulting in a net profit of CNY11.5 million (USD1.7 million). [486 words]

Unlock the following content in this report:

Subheadings:

  • Considering launching an IPO
  • Launches services from Shanghai to Yantai and Xiamen
  • Okay resumes operations; but Juneyao may withdraw

Graphs and data:

  • Juneyao Airline aircraft delivery schedule
  • Tianjin Binhai International Airport domestic capacity breakdown by carrier (seats per week as % of total)
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