Air China 747-400. By Rob Finlayson Air China (CA) reported a net profit of CNY7.082 billion ($1.12 billion) for 2011, down 41% from CNY12 billion in the year-ago period (ATW Daily News, March 31, 2011). Operating revenue climbed 19.3% to CNY 98.41 billion while operating expenses jumped 29% to CNY92.15 billion due to rising fuel expenses, which increased by 44% to CNY34.7 billion. The carrier also cited “intensified domestic and international competition” that led to ...

Subscribe to Access this Entire Article

"Air China’s 2011 profit falls 41% " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.