Shandong Airlines has posted a 15% increase year on year in its third quarter net profit.
Its net profit for the quarter ended 30 September rose by 15% to CNY508 million ($81.4 million) from CNY442 million, says the carrier.
Its total operating income increased by 12.3% to CNY3.34 billion, while operating profit climbed by 10.5% to CNY642 million. The airline's total profit increased by 15.5% to CNY 678 million.
Shandong Aviation Group, a conglomerate based in Shandong city, owns 42% of the airline, while Air China has a 22.8% stake.