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Shanghai Airlines: competitive pressure in Shanghai remain strong


Chinese regional carrier, Shanghai Airlines, which has posted two consecutive years of annual losses, said its first-quarter (1Q2009) net profit fell 28.7%, but without government subsidies it would have made a quarterly loss. [641 words]

Unlock the following content in this report:


  • Competitive pressure in Shanghai remain strong
  • New credit lines and government bailout
  • Network continues to grow

Graphs and data:

  • Shanghai Hongqiao Airport domestic capacity breakdown by carrier (seats per week as % of total)
  • Shanghai Airlines net profit and net profit margin (%): 2006 to 2008
  • Shanghai Airlines route network: Mar-2009
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