Chinese carriers earned net income of CNY1.21 billion ($183.8 million) in February, down 56.1% from CNY2.76 billion in the year-ago month.
Chinese airlines' aircraft operating at Beijing. Photo: By Rob Finlayson. Chinese carriers earned net income of CNY1.21 billion ($183.8 million) in February, down 56.1% from CNY2.76 billion in the year-ago month. The decline was attributed to slowing economic growth in the country. Total operating revenue climbed 11.8% to CNY24.25 billion while operating expenses jumped 15.5% to CNY22.83 billion. Chinese carriers transported 21.6 million passengers in February, up 6.8% ...
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