Economy

    Spring Airlines net profit reaches $71m in 2010

    By Hou Lei (chinadaily.com.cn)
    Updated: 2011-01-14 15:08
    Large Medium Small

    Spring Airlines net profit reaches $71m in 2010
    A Spring Airlines' Airbus A320. [File Photo] 

    Spring Airlines, a Shanghai-based low-cost carrier, reported a net profit of 470 million yuan ($71.2 million) in 2010, a year-on-year increase of 240%, Friday's China Business News reported.

    The carrier's chairman Wang Zhenghua said the company's transportation capacity didn't increase too much in 2010, but its business turnover rose 62%, reaching 4.32 billion yuan ($654.4 million).

    "This shows that the demand is quite good," Wang said.

    Related readings:
    Spring Airlines net profit reaches $71m in 2010 Shandong Air to buy 15 Boeing aircraft worth $1.2b
    Spring Airlines net profit reaches $71m in 2010 Air China to launch Dalian Airlines
    Spring Airlines net profit reaches $71m in 2010 Air-cargo carriers agree to combine
    Spring Airlines net profit reaches $71m in 2010 Lucky Air looks for flight attendants with an ethnic background

    Wang predicted China's air transportation market will not be as robust as last year and Spring Airlines' profit margin may dip accordingly.

    "We plan to increase transportation capacity 30%-40% this year, but our target for profits is approximately the same as last year," said Wang.

    According the report, Spring Airlines, the country's only low-cost carrier, planned to set up a secondary hub in northeast China's Shenyang city or north China's Shijiazhuang city this year.

    Wang said he also hoped to operate more flights to and from Shanghai.

    The president said he is satisfied with its Shanghai - Hong Kong route and Shanghai - Ibaraki route (about 80 kilometers northeast of Tokyo), saying the average passenger load factor is as high as 90%-95% on the two routes.

    Spring Airlines will continue to expand its international route network this year. The possible international and regional destinations include Macao, Taiwan, Southeast Asia as well as other cities in Japan, the report said.

    Wang stressed that this ambitious plan still needed approval from the Civil Aviation Administration of China (CAAC).

    Established in 2004, Spring Airlines is one of China's first private airline companies. It operates more than 50 domestic routes and two regional and international routes. Its fleet comprised 21 Airbus A320 jetliners by late 2010.

    China's aviation industry boomed last year as 267 million Chinese traveled by air, up 15.8% year on year, with profits of domestic airline companies hitting 35.1 billion yuan ($5.32 billion), Xinhua reported Wednesday.

    国产成年无码久久久免费| 国产 日韩 中文字幕 制服| 中日精品无码一本二本三本| 久久精品中文无码资源站| 中文字幕无码无码专区| 久久精品亚洲中文字幕无码麻豆| 新版天堂资源中文8在线| 免费无码一区二区| 人妻精品久久无码专区精东影业| 亚洲看片无码在线视频| 中文字幕av无码专区第一页| 国产精品va在线观看无码| 亚洲中文字幕久久精品无码喷水| 视频一区中文字幕| 亚洲欧美综合在线中文| 国产精品无码无卡无需播放器| 无码成人一区二区| 国产成人无码精品久久久性色| 欧美日韩中文国产va另类电影| 中文无码vs无码人妻 | 国产中文字幕乱人伦在线观看| 国偷自产短视频中文版| 亚洲AV无码一区二区三区国产| 97久久精品无码一区二区天美| 日日摸日日碰夜夜爽无码| 亚洲热妇无码AV在线播放| 久久无码国产专区精品| 中文国产成人精品久久亚洲精品AⅤ无码精品 | 欧美日韩亚洲中文字幕一区二区三区| www无码乱伦| 99久久精品无码一区二区毛片 | 久久精品无码专区免费东京热| 一本加勒比HEZYO无码资源网| 国产啪亚洲国产精品无码 | 少妇无码太爽了在线播放| 国产亚洲美日韩AV中文字幕无码成人 | 亚洲国产精品无码成人片久久| 曰韩精品无码一区二区三区| 国产成人亚洲综合无码| 中文一国产一无码一日韩| 亚洲国产精品无码久久久不卡|