Air China 3Q net income up 4.4% as costs drop, traffic grows
Credit: Rob Finlayson
Air China’s net income rose 4.4% in the third quarter to CNY3.6 billion ($510 million), compared to CNY3.45 billion in the year-ago period, as costs fell and traffic grew. Operating costs declined 4.6% year-over-year (YOY) to CNY2.8 billion. The group’s traffic, measured in RPKs, increased 5.9%, and...
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