Chinese carriers’ collective net profit falls 24% in September

Chinese carriers reported a net profit of CNY2.2 billion ($358 million) in September, down 24% compared with a net income of CNY2.82 billion in the year-ago month . Operating revenue jumped 7% to CNY36.3 billion while operating expenses climbed 8% to CNY31.2 billion. Industry analysts cited airfare...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.