Shenzhen Airlines confident its profitable streak will continue in 2009

Shenzhen Airlines announced it is confident of reporting a profit this year, despite the global financial downturn and swine flu scare. The carrier posted a profit of USD29.3 million in the first four months of 2009, following a profit of USD4.1 million in 2008. The carreir has assets of over USD3 billion. According to CEO, Li Kun, "we are sure that we will be profitable this year, but it is hard to make a forecast, as there is some uncertainty about oil prices and how the swine flu evolves."

This CAPA Premium Analysis article is 926 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com