China Southern reports 6.4% profit drop in 2014

Credit: Rob Finlayson
China Southern Airlines has reported a net profit of CNY1.8 billion in 2014, down 6.4% over a net income of CNY1.89 billion in 2013. Operating revenue jumped 10.4% to CNY108.31 billion against a 9.3% increase in operating expenses to CNY95.15 billion. The carrier attributed the profit drop to fierce...

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