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Spring Airlines expects fourth consecutive year of net profitability in 2009


Tags :China, Spring Airlines


Spring Airlines expects fourth consecutive year of net profitability in 2009

Spring Airlines espera que el 2009 sea su cuarto año consecutivo en beneficios netos


China’s first LCC, Spring Airlines, stated it aims to double net profit to CNY40 million (USD5.9 million) in 2009, going against the trend of deep losses for Shanghai-based airilnes. The carrier expects to report revenues of CNY2.2 billion (USD322 million) in 2009, a 37.5% year-on-year increase.

 

To read full report, click here.

 

(c) Centre for Asia Pacific Aviation. Date posted: 06-Apr-09

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