HK Express achieves first annual profit in 2015, 1H2016 already exceeds full year 2015

HK Express announced (03-Aug-2016) it achieved profitability for the first time in its history in 2015, with revenue of HKD2.4 billion (USD309.6 million). Also during the year, the LCC transported 2.3 million passengers, with load factor averaging 86% and on-time performance averaging 79.3%. The strong performance continued into 2016, with 1H2016 revenue and profit already surpassing its respective results in 2015. Year-to-date passengers have reached 1.4 million while load factor improved further to 88.6%. [more - original PR - English/Chinese]

*Based on the average conversion rate at HKD1 = USD0.128992