China Southern Airlines reported a 2015 first-half net profit of CNY3.48 billion ($567.8 million), reversed from a net loss of CNY1.02 billion in the year-ago period. The Guangzhou-based carrier credited lower fuel prices and sold market demand growth as main reasons for the much-improved performance. Operating revenue rose 6.2% to CNY53.33 billion while operating expenses increased 4.14% to CNY43.56 billion, mainly due to a 28% decrease in fuel costs. China Southern noted that operating ...

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