Air China has posted a net income of CNY6.8 billion ($978 million) in 2016, up 0.4% over a net profit of CNY6.8 billion in 2015, according to the domestic accounting standard. Operating revenue for the year grew 4.6% to CNY114 billion, while operating expenses increased 4.2% to CNY87.2 billion. The Beijing-based carrier cited strong international and domestic market demand, as well as challenges including a sluggish cargo market demand, erupting geopolitical events, intensifying industrial ...

Subscribe to Access this Entire Article

"Air China reports 2016 net income up 0.4% " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.