Air China’s 1Q profit up nearly 4%

Credit: Rob Finlayson
Air China reported a first-quarter net profit of CNY249 million ($40 million), up 3.98% from net income of CNY239.1 million in the year-ago quarter. Operating revenue for the quarter slightly decreased 0.77% year-over-year to CNY22.72 billion while operating expenses dropped 0.5% to CNY22.57 billion...

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