Air China’s 1H profit drops 76.7%

Air China 737-800. Courtesy, Boeing Air China (CA) has reported a first-half net profit of CNY945 million ($149 million), down 76.7% over a net income of CNY4.056 billion for the year-ago period, mainly due to weak cargo demand and high fuel prices (ATW Daily News, July 18). The Beijing-based...

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