Chinese carriers earned a collective profit of CNY4.28 billion ($645 million) in October, a quadrupling of CNY1.05 billion in net income in the year-ago period, according to CAAC. The regulator credited "robust growth of domestic market demand boosted by Chinese fast economic growth, especially the stimulation of the Shanghai World Expo in October." Passenger boardings rose 12.7% to 24.5 million with an average load factor of 83%, improved 3.1 points over the same period of ...

Subscribe to Access this Entire Article

"Chinese carriers earn $645 million in October" 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.