Air China YOY Profits Slows to 1.33%, $1.07 billion
Credit: Rob Finlayson
Despite showing respectable growth in both carriage and revenue, Air China group’s 2018 net profit growth slowed to 1.33% year over year (YOY), to ¥7.34 billion ($1.07 billion). This is against the backdrop of increased fuel prices, and weakened Chinese currency. In comparison, 2017’s net profit was...
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