Air China Profit Jumps 60Pct on Travel Rebound
Submitted by BOCVIP on Thu, 08/26/2010 - 05:37
»Air China Ltd., (9601111.Sh), the world’s largest carrier by market value, posted Wednesday a net profit of 4.69 billion yuan for the first six months, up 60.44 percent year-on-year due to surging travel demand.
»Beneficial from rebounding travel demand, the Beijing-based carrier boosted its revenue both in passenger transport and cargo transport.
»Income from passenger transport was 29.4 billion yuan, up 47.76 percent during the same period; meanwhile cargo transport brought 2.13 billion yuan in yield, up 109.07 percent.


