Air China reports net profit down, summer demand up in 3Q
Credit: Rob Finlayson
Air China reported a net profit of CNY6.5 billion ($946 million) for the first nine months of 2018, down 20% year-over-year (YOY), the highest earnings among the country’s three main carriers. Revenue for the 9-month period was CNY102 billion, up 12% YOY. Operating profit was down 23.5% to CNY95.7...
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