DynaLiners / DEC. 2007

Senator Lines expects profit

Hanjin’s 80% subsidiary Senator Lines early this year launched Concept 2007 programme is bearing fruit: the Bremen-based carrier expects to write its 2007 profit in double digit million US dollars after having operated in the red in the previous year. The plan induced Senator to, amongst others, reduce annualised carrying capacity by one-third and its number of service routes to 12 (meanwhile 14).