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Shenzhen Airlines reports full year USD3.9 million profit in 2008


Shenzhen Airlines reported a USD3.9 million net profit for the 12 months ended 31-Dec-08, continuing its profitable run since the 1990s. Shenzhen Airlines is one of the few Chinese carriers to report a net profit in 2008 as revenue rose 26.4% year-on-year to USD1,914 million in the 12 month period. [925 words]

Unlock the following content in this report:


  • Continues fast paced fleet expansion programme into 2009
  • Increases domestic and international route network
  • Plans new bases - Harbin and Changsha
  • Announces plans to launch Kunming Airlines in Yunnan

Graphs and data:

  • Shenzhen Airlines financial highlights for 12 months ended 31-Dec-08
  • Mainland China domestic capacity breakdown by carrier (seats per week as % of total)
  • Selected Chinese airlines' passenger numbers: Jan-06 to Nov-08
  • Shenzhen Airlines current fleet and orders: Feb-09
  • Shenzhen Airlines' fleet plan: 2008 to 2013
  • Shenzhen Airlines route changes
  • Changsha Airport capacity breakdown by carrier (seats per week as % of total)
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