Air China 2007 Profit Leaps 57% To US$593 Million
The most profitable of China’s big-three airlines, Air China, has delivered a 57% surge in 2007 net earnings to CNY4.2 billion (US$593 million) on operating revenues of CNY49.7 billion (US$7 billion), up 14.6%. Foreign-exchange windfalls flattered the result, as has been common across the Chinese...
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