Air China 1H net profit drops 55%

Credit: Rob Finlayson
Air China reported a first-half net profit of CNY510 million ($82.7 million), down 55% compared with a net income of CNY1.14 billion in the year-ago period. The Beijing-based carrier had predicted in July its first-half net profits would plummet 55% to 65% year-over-year. First-half operating...

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