
Core Viewpoint - Spring Airlines reported a net profit of 1.169 billion yuan in the first half of the year, making it the most profitable airline in China despite a year-on-year decline of 14.11% in net profit [1] Group 1: Spring Airlines Performance - Spring Airlines achieved an operating revenue of 10.304 billion yuan, representing a year-on-year growth of 4.35% [1] - The net profit attributable to shareholders decreased to 1.169 billion yuan, down 14.11% compared to the previous year [1] Group 2: Competitor Performance - China National Airlines reported an operating revenue of 80.757 billion yuan, with a year-on-year increase of 1.56%, but incurred a net loss of 1.806 billion yuan [1] - Southern Airlines recorded an operating revenue of 86.291 billion yuan, a year-on-year growth of 1.77%, with a net loss of 1.533 billion yuan, which is an increase in losses compared to the previous year [1] - China Eastern Airlines has not yet released its half-year report for 2025, but it is expected to report a net loss of approximately 1.2 billion to 1.6 billion yuan [1]