Air China posts record $711.5 million 2009 profit
Air China posted a record profit of CNY4.85 billion ($711.5 million) in 2009, significantly reversed from a net loss of CNY9.26 billion in 2008, saying its fortunes were boosted by a growing domestic market and fuel hedge gains. Revenue decreased 2.9% to CNY51.39 billion while expenses plummeted 26...
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