Air China reported net income of CNY3.82 billion ($622.6 million) in 2014, up 17% over the airline’s 2013 net profit of CNY3.26 billion. Operating revenue climbed 7.8% year-over-year (YOY) to CNY105.88 billion while operating expenses increased 4.8% YOY to CNY98.62 billion. The Chinese flag-carrier credited “sustained growth of international air passenger market … steady recovery of [the] air cargo market … [and] lower fuel price[s]” as the main reasons for ...

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