China Southern Sees 2019 First-Half Profit Decline 20.9%

Credit: Rob Finlayson
China Southern Airlines saw its first-half 2019 net profit shrink 20.9% year-on-year (YOY), to 1.7 billion yuan ($237.7 million), as it finds its footing in a challenging economic environment. Asia’s largest carrier by passenger number, the airline posted revenue of 73 billion yuan, up 8% from the...

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