Although there were many twists and turns in 2015，China Southern Airlines, China’s largest airline, still had a good harvest this year。January 26，China Southern Airlines releases pre-performance announcement，Its net profit in 2015 is estimated to be over 3.7 billion yuan。

The recently held China Southern Airlines 2016 work meeting briefly disclosed the business situation in 2015，Including international routes becoming a new profit growth point、Enhanced cost control capabilities, etc.，These are together with factors such as the significant reduction in aviation fuel costs，Promoted China Southern Airlines’ impressive operating performance in 2015。After preliminary calculation，It is expected that the net profit attributable to shareholders of listed companies in 2015 will increase by 110% to 130% compared with the same period last year。

And since China Southern’s net profit in 2014 was 17.7.3 billion yuan，Calculated based on the above increase，China Southern’s net profit in 2015 was 37.2.3 billion yuan—40.between 7.8 billion yuan。China Southern attributed this growth to 5 factors，First, the domestic aviation 188bet sports betting app download market has strong demand，China Southern Airlines takes advantage of the trend to optimize resource allocation，Increased investment in transportation capacity，Full-year operating income increased year-on-year；Second, the results of strategic transformation are beginning to show，Not to mention that the Guangzhou hub is becoming more and more perfect，Driven by the strong growth of outbound tourism，China Southern Airlines’ international routes have become a new profit growth point；Third, comprehensive budget management brings enhanced cost control capabilities，Cost level decreased year-on-year；Fourth, benefiting from the continued decline in international crude oil prices，The cost of aviation fuel has dropped significantly year-on-year；Fifth, China Southern Airlines proactively responded to the sharp depreciation of the RMB，Significantly reduce the US dollar debt ratio，Reduced exchange losses caused by the depreciation of the RMB。

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Although an unprecedented new international route was opened in 2015，Air China’s operating results in 2015 were also very good。According to the pre-performance announcement released on January 25，Air China’s net profit in 2015 was more than 6 billion yuan。

Air China announced，2015，It takes full advantage of the relatively strong market demand，Increase investment in transportation capacity，Continuous optimization of production organization，Improve income control capabilities，After making up for the impact of the decline in fuel surcharge standards, it still achieved year-on-year growth in revenue；At the same time，Air China also adopts refined business process management、Improve the matching between aircraft models, routes and markets、Optimize debt structure to avoid interest rate and exchange rate risks、Actively promote measures such as “promoting direct 188bet app service and downgrading direct service”，Strengthened cost control，In addition, the price of jet fuel dropped sharply year-on-year，The cost level has been effectively reduced year-on-year。

Based on the above reasons，Air China expects its net profit attributable to shareholders of listed companies to increase by 60%-80% in 2015 compared with the same period last year。And its profit in 2014 was 37.8.2 billion yuan，Therefore，Its profit in 2015 was 60.5.1 billion yuan—68.0.8 billion yuan。

Spring Airlines’ 15-year profit growth exceeds 50%

January 26，Spring Airlines releases 2015 earnings announcement，It is expected that the net profit attributable to the parent company in 2015 will increase by 50%-60% compared with the same period last year。

Spring Airlines vigorously expands to Japan in 2015、International routes with Thailand as the main direction，At home, we focus on Shanghai headquarters and Shijiazhuang、Shenyang and Shenzhen bases。In this announcement, when analyzing the reasons for its performance growth in 2015, it also mentioned its own market development，That is, "adhere to the internationalization strategy，Improvement in Japan、Penetration rate of air transport market in South Korea and Southeast Asia，Driving the overall performance of international and regional routes to increase”。Except this，The other two major factors promoting performance growth are attributed to external benefits and low-cost nature，Benefiting from the relatively low international crude oil prices，Growth in domestic and overseas business and tourism activities，The overall demand in the aviation market has increased compared with the same period last year；And continue to strengthen the innovation and development of ancillary business products，Ancillary business income continues to grow。

2014，Spring Airlines’ performance is 8.8.4 billion yuan，Calculate based on 188bet app this，Spring Airlines’ net profit in 2015 was 13.2.6 billion yuan—14.1.4 billion yuan。

Juneyao Airlines’ annual net profit in 2015 is expected to increase by 130% to 160%

Juneyao Airlines released the 2015 annual performance increase announcement on the afternoon of January 25th，Announcement，It is expected that Juneyao Airlines’ net profit attributable to shareholders of listed companies in 2015 will increase by 130% to 160% compared with the same period last year，reached 4.2.7 billion yuan。

Juneyao Airlines announcement，The main reason for the increase in annual performance is: aviation fuel prices are relatively low；The air transport market maintains high growth；And the company’s service brand effect is enhanced，Improved operating efficiency，Operation scale and capabilities continue to improve。

Shanghai Juneyao Airlines Co., Ltd. 2015 Annual Performance Advance Announcement

The board of directors and all directors of the company guarantee that there are no false records in this announcement、Misleading statements or material omissions，And the authenticity of its content、Individually and jointly responsible for accuracy and completeness。

1. Performance forecast for this period

(1) Performance preview period

January 1, 2015 to December 31, 2015。

(2) Performance forecast

Via Shanghai Juneyao Airlines Co., Ltd. (hereinafter referred to as "Company"or"Juneyao Airlines") Preliminary calculations by the financial department，It is expected that the net profit attributable to shareholders of listed companies in 2015 will be compared with the same period last year，will increase by 130%-160%。

(3) This performance forecast has not been audited by a certified public accountant.

II. Performance of the same period last year

(1) Net profit attributable to shareholders of listed companies: 42,768.570,000 yuan。

(2) Earnings per share: 0.43 yuan。(after retrospective adjustment)

Note: According to the profit distribution plan for the first three quarters of 2015 that was reviewed 188bet sports betting app download and approved by the company at the 2015 Fourth Extraordinary General Meeting of Shareholders held on November 7, 2015，Based on the company’s total share capital as of September 30, 2015: 56,8 million shares as the base，Transfer 10 shares to all shareholders for every 10 shares from capital reserve，Also distribute cash dividend 6 for every 10 shares.00 yuan (tax included)。The company’s total share capital before the third quarter dividend was 568,000,000 shares，After the implementation of the post-dividend profit distribution plan, the company's total share capital increased to 1,136,000,000 shares，Earnings per share for the same period last year has been retrospectively adjusted based on the latest total share capital。）

3. The main reasons for the expected increase in performance for this period:

(1) Aviation fuel prices are at a relatively low level

(2) The air transport market maintains high growth

(3) The company’s service brand effect is enhanced，Improved operating efficiency，Operation scale and capabilities continue to improve

The above factors have had a positive impact on performance improvement.

IV. Other explanations

The above data are only preliminary calculation data，Unaudited，The specific and accurate financial data shall be subject to the audited 2015 annual report officially disclosed by the company，Investors please pay attention to investment risks。

This is an announcement.

Shanghai Juneyao Airlines Co., Ltd.

Board of Directors

January 26, 2016

(Comprehensive source of the above content: Things About Airlines Interface)