Air China reported a net profit of CNY403 million ($52.1 million) for the first quarter, a result that contrasts sharply with the recently announced losses by China Eastern Airlines and China Southern Airlines. CA did not provide year-ago figures. The company cited "expansion of its principal operations and the investment income derived from Cathay Pacific Airways" as key to its performance (ATWOnline, March 21). Operating revenue reached CNY10.47 billion against costs of CNY10.44 billion. ...

Subscribe to Access this Entire Article

"Printer-friendly" 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? ATWPlus@penton.com.

Already registered? here.