Air China (CA) has warned its first-half profit could drop more than 50% compared to a net income of CNY4.06 billion ($643 million) in the year-ago period, according to a CA statement released by the Shanghai Stock Exchange. The carrier cited slowdown of domestic market demand, decline of international market demand, high fuel prices and a slowdown of yuan appreciation for the forecast. CA will release its detailed first-half financial report at the end of August. Chinese carriers ...

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