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Shandong Airlines' net profit improves for 2008, but operating profit falls


Shandong Airlines reported an 18.8% increase in net profit year-on-year for the 12 months ended 31-Dec-08, to USD11.9 million. However, the airline reported a 35.7% fall in operating profit for the year, to USD11.1 million. [633 words]

Unlock the following content in this report:


  • Expands route network
  • New Xiamen branch formed
  • Establishes strategic cooperation agreement with Tenpay

Graphs and data:

  • Shandong Airlines financial highlights: 12 months ended 31-Dec-08
  • Shandong Airlines net profit margin: 2005 to 2008
  • Shandong Airlines passenger numbers: 2006 to 2008
  • Shandong Airline passenger numbers growth and revenue growth: 2006 to 2008
  • Shandong Airlines Route Network: Apr-2009
  • Xiamen capacity breakdown by carrier (seats per week as % of total)
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