Air China told the Shanghai Stock Exchange yesterday that it expects to report a nine-month deficit owing to falling demand and fuel hedge losses. It did not reveal specific figures. Its profit through the first nine months of 2007 was CNY3.5 billion and it was CNY1.24 billion in the black through the first half of 2008 (ATWOnline, Aug. 28). Through Sept. 30, CA had flown 48.87 billion RPKs, down 2.6% year-over-year, against a 2.2% increase in ASKs to 65.47 billion. Load factor fell 3.7 ...

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