China's airlines swing to $897 million nine-month profit

Chinese airlines posted collective net income of CNY6.13 billion ($896.7 million) for the first nine months of this year, a big turnaround from a CNY5.55 billion deficit in the year-ago period. CAAC credited "economic recovery" and "lower fuel prices" for the positive result. Total operating revenue...

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.