Dragonair Profits Approach 25 Percent Of Revenue
Hong Kong-based Dragonair is one of the world's most profitable airlines, with earnings almost 25% of revenue. In 1996, the privately held company's operating profit was US$108 million, up 10.3%, against revenues of US$396 million, up 8.8%. Traffic that year increased 9.6% to 2516 million revenue...
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