Chinese carriers’ net income increases sevenfold in April

Chinese carriers have reported a collective net income of CNY4.8 billion ($785 million) in April, up sevenfold year-over-year. Total operating revenue was up 9% to CNY35.2 billion while operating expenses decreased 4% to CNY27.9 billion. Industry analysts credited lower fuel prices and exchange...

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.