Chinese carriers report 26% profit increase in 2011 first half
Posted 22/07/2011
Chinese airlines reported an aggregate net income of CNY12.78 billion ($1.98 billion) for the first half of 2011, up 26% over a net profit of CNY10.14 billion reported in the year-ago period.
Passenger boardings climbed 9.8% to 139 million. Passenger traffic on domestic routes rose 10% and international boardings increased 8.2%. Average load factor improved 2.5 points to 81.3%.
Originally published 22 Jul 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/5ODKqvxTTwE/chinese-carriers-report-26-profit-increase-2011-first-half-0721
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