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Chinese carriers’ profit expected to drop 25.2% in 2012
December 20, 2012
Chinese carriers are expected to report a collective 25.2% drop in net profit to CNY20.99 billion ($3.34 billion), from CNY26 billion reported in 2011. According to the Civil Aviation Administration of China (CAAC), international passenger boardings were 11.1% for the first 11 months of this year...
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