China’s Juneyao Airlines reported a 2019 first-half net profit of CNY578.7 million ($84.3 million), down 6.4% compared to the year-ago half. The Shanghai-based carrier earned CNY8.1 billion in revenue, a 16.3% year-over-year (YOY) improvement, while costs outpaced income growth at 19.9% YOY to CNY6.9 billion. Costs were attributed to expanded network and operational expenses such as landing fees. Juneyao added the larger Boeing 787 fleet added to the landing fees, which are ...

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