Air China posted a record profit of CNY4.85 billion ($711.5 million) in 2009, significantly reversed from a net loss of CNY9.26 billion in 2008, saying its fortunes were boosted by a growing domestic market and fuel hedge gains. Revenue decreased 2.9% to CNY51.39 billion while expenses plummeted 26.8% to CNY45.89 billion owing to lower fuel prices. Passenger boardings rose 14.2% to 41.28 million. Traffic grew 9.8% to 75.47 billion RPKs while capacity lifted 7.4% to 98.62 billion ASKs, ...

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