Juneyao Airlines profits quadruple

Source:Global Times Published: 2011-1-27 9:16:00

Shanghai-based Juneyao Airlines recorded a net profit of 416 million yuan ($63.19 million) in 2010, compared to 108 million yuan ($16.41 million) for 2009, the carrier said Wednesday.

Owning 18 jets, the airline operates more than 30 routes to cities on the Chinese mainland and Hong Kong, with another six jets on order this year.

Last year, 3.59 million passengers took Juneyao flights, up 46.78 percent compared to 2009.

The company's aircraft logged 62,119 hours of flight time, up 45 percent.



Posted in: Business, Metro Shanghai

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