China Southern Airlines (CZ) has reported a third-quarter net income of CNY2.22 billion ($353 million), down 29.3% compared to a net profit of CNY3.2 billion in the year-ago quarter, mainly due to foreign exchange losses.
China Southern Airlines A330-300. By Rob Finlayson China Southern Airlines (CZ) has reported a third-quarter net income of CNY2.22 billion ($353 million), down 29.3% compared to a net profit of CNY3.2 billion in the year-ago quarter, mainly due to foreign exchange losses. Operating revenue climbed 9.4% to CNY29.8 billion while operating expenses jumped 16.1% to CNY26.94 billion. The Guangzhou-based carrier reported CNY518 million in net finance expenses for the quarter, which it ...
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