Air China Shows Steady 3Q Growth Despite Cost Increases
Credit: Rob Finlayson
The Air China group has posted revenue of 102 billion yuan ($14.6 billion) for the first three quarters of 2018, up by 12.09% year over year (YOY). Operating profit, however, fell by 23.53% to 95.7 billion yuan. The lower profit margin was attributed to operating costs that rose 19.51% to 96.3...
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