China Southern reports 49% profit increase, buys 10 A330-200s

China Southern Airlines posted a net profit of CNY1.88 billion ($249.5 million) in the third quarter, up 49% from the CNY1.29 billion earned in the year-ago quarter, on a 16.9% lift in operating revenue to CNY16.5 billion and a 10.2% increase in expenses to CNY12.33 billion. Concurrent with the...

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