28-May-2015 10:54 AM
Juneyao Airlines 1Q2015 operating profit up 156%
Juneyao Airlines reported (26-May-2015) a 163% year-on-year increase in net profit to CNY267 million (USD43.5 million) in 1Q2015, with revenue increasing by 17.6% to CNY1957 million (USD318.5 million). Operating profit increased 156% to CNY341.4 million (USD55.6 million). The carrier attributed the profit growth mainly to capacity growth and lower fuel price. [more - original PR - Chinese]