China Express Doubles Profit In 2019; Projects Q1 2020 Losses

April 29, 2020
China Express
China Express is projecting a Q1 loss resulting from the coronavirus outbreak.
Credit: China Express
China’s first private regional airline China Express Airlines doubled its full-year net profit in 2019, citing strong demand for domestic travel between third- and fourth-tier cities. However, effects of the COVID-19 pandemic are set to reverse those gains in 2020 first quarter (Q1) 2020 with the...

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