Home / Business / Civil Aviation Tools: Save | Print | E-mail | Most Read | Comment
Air China forecasts profits in first half
Adjust font size:

Air China, the country's national flag carrier, is expecting profits in the first half of this year, an unidentified official of the company told Xinhua over the weekend.

The company's profits in the first half were a result of its strategy to reduce costs, said the official, who declined to be identified, without elaboration.

The official also did not give specific figures of the profits.

The company is scheduled to release its first-half report on Aug. 26.

As one of the three major airlines in China, Air China posted a loss of 9.15 billion yuan (about 1.34 billion U.S. dollars) in 2008.

But it enjoyed a business recovering to report a net profit of 981 million yuan in the first quarter.

(Xinhua News Agency August 2, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?