Loading
11-Aug-2009 11:33 AM

Shanghai Airlines' 1H2009 revenue down 22.5%

Shanghai Airlines revenue down 22.5% - financial highlights for the six months ended 30-Jun-2009 (According to Chinese accounting standards):

  • Total operating revenue: USD795.6 million, -22.5% year-on-year;
    • Passenger: USD550.0 million, -9.6%;
    • Cargo: USD72.8 million, -55.5%;
    • Other: USD172.3 million, -32.2%;
  • Total operating costs: USD882.6 million, -15.2%;
  • Operating profit (loss): (USD79.7 million), compared to a loss of USD13.3 million in the previous corresponding period;
  • Net profit (loss): (USD13.3 million), compared to a profit of USD1.3 million in the previous corresponding period;
  • Passenger numbers: 5.7 million, +17.3%;
  • Passenger load factor: 72.2%, +0.8 ppt;
  • Cargo volume: 138,830 tonnes, -16.6%.
  • *Based on the conversion rate at USD1 = CNY6.84

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More