Shanghai Airport's profits fall by half in 2008
Shanghai International Airport Co Ltd, the listed operator of Shanghai Pudong International Airport, managed to increase its revenues by 7.0% in the 12 months ended Dec-08. But significant spending in the airport's new terminal and runway in 2008, coupled with declining traffic growth, ensured a dramatic reduction in both operating (-45.0%) and net (-49.0%) profits in the period.
Become a CAPA Member to access Analysis Reports
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 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.