Chinese carriers reported a collective net profit of CNY2.33 billion ($373 million) in October, down 39% compared to the net income of CNY3.82 billion for the same period last year. Higher fuel price and a market slowdown are being blamed, especially on international routes affected by political dispute over the Senkaku islands and hurricanes in the US. The results are part of a trend of weakening profits across Chinese carriers this year (ATW Daily News, Oct. 19). Total operating ...

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