Air China 2018 net profit rises on traffic growth

Credit: Rob Finlayson
Improved passenger traffic revenue helped Air China Ltd. post a 2018 net profit of CNY7.3 billion ($1.07 billion), up 1.3% from CNY7.2 billion in the previous year. The group’s total revenue was up 12.7% year-over-year (YOY) to CNY136.8 billion, despite increased fuel prices and a weakened Chinese...

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