Shanghai-based low-cost carrier (LCC) Spring Airlines reported a 2016 first-half net profit of CNY740.15 million ($100.5 million), up 19.5% over a net income of CNY641.69 million in the year-ago period. First-half operating revenue rose 0.01% to CNY3.95 billion while operating expenses grew 3.5% to CNY3.22 billion. Spring’s domestic routes experienced a 16.01% decline in operating revenue to CNY2.08 billion while operating revenue on international routes increased 41.5% to ...

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