Shenzhen Airlines profit surge in 1h2015

Shenzhen Airlines revenue up 4% - financial highlights^ for six months ended 30-Jun-2015:

• Operating revenue: CNY11,295 million (USD1844 million), +4.5% year-on-year;
• • Air transport: CNY10,973 million (USD1791 million), +4.1%;
• Net profit: CNY549 million (USD89.6 million), an increase of CNY536 million (USD87.5 million);
• Passenger numbers: 13.8 million, +11.3%;
• Passenger load factor: 82.1%, stable;
• Cargo volume: 145,300 tonnes, +5.7%. [more - original PR - English/Chinese]

*Based on the average conversion rate at USD1 = CNY6.1254
^Includes Kunming Airlines

During the period the carrier took delivery of nine aircraft, ending 1H2015 with 169 aircraft with average fleet age of 5.66 years.