Chinese airlines reported a collective profit of CNY2.07 billion ($303.6 million) in April owing to rapid domestic economic growth.
Chinese airlines reported a collective profit of CNY2.07 billion ($303.6 million) in April owing to rapid domestic economic growth. The result was more than double net income of CNY940 million earned in April 2009, according to CAAC. April passenger boardings climbed 14.3% year-over-year to 21.6 million. Average load factor was 79.2%, up 2.7 points. Cargo volume jumped 31.6% to 466,000 tonnes. It is noteworthy that traffic grew much faster on international than on domestic routes due ...
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