China Southern Airlines and China Eastern Airlines each reported profitable third quarters yesterday, according to statements cited in press reports from Beijing. China Southern posted a CNY1.29 billion ($163.1 million) profit, up 51.4% from the CNY852 million earned in the year-ago quarter. Revenue rose 21.8% to CNY13.89 billion and passenger numbers climbed 12.4% to 14.3 million. Through nine months, the carrier is CNY453 million in the black compared to CNY9 million in the year-ago ...

Subscribe to Access this Entire Article

"China Southern, China Eastern report third-quarter profits" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.