Air China has reported a 2015 net profit of CNY6.77 billion ($955 million), up 77% compared to net income of CNY3.82 billion in 2014. The Beijing-based carrier credited lower fuel prices and “exploding” international market demand growth as main reasons for the much-improved performance. Full-year operating revenue rose 3.85% to CNY108.93 billion while operating expenses were down 4.8% to CNY83.69 billion owing to a 30.4% decrease in fuel costs. Passenger boardings increased ...

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