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China: Spring Airlines points to double its profits

Shanghai, China - In the meanwhile the first of the six A-320s ordered by the carrier has been delivered

The Chinese private low-cost Spring Airlines that has a relatively stable debt situation (50%, much lower than the 80% of many of its national competitors) aims for the year 2009 to double its profits, from the current € 2.3 million to about € 4.5 million. In the meanwhile the Shanghai based airline received yesterday the first of six Airbus A-320 aircraft ordered between 2006 and 2007. A carrier's spo...

AVIONEWS - World Aeronautical Press Agency - 1102114

AVIONEWS - World Aeronautical Press Agency
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