Loading

Shanghai Airlines flies into more trouble

Shanghai Airlines has unveiled a devastating CNY1.25 billion (USD183 million) net loss in the 12 months ended 31-Dec-08, under Chinese accounting standards – almost three times the loss reported in 2007 – and significantly worse than the CNY860 million the carrier predicted as recently as Feb-2009.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,097 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.