Chinese airlines posted collective net income of CNY6.13 billion ($896.7 million) for the first nine months of this year, a big turnaround from a CNY5.55 billion deficit in the year-ago period. CAAC credited "economic recovery" and "lower fuel prices" for the positive result. Total operating revenue dipped 2.2% to CNY153 billion while operating expenses fell 3.8% to CNY153.9 billion. Passenger boardings climbed 20% to 170 million and load factor increased 1.7 points to 75.9%. Cargo traffic ...

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