Air China Says H1 Net Profit To Halve

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...Loading...
By
Published: July 17, 2012

Air China, the country’s flag carrier, expects first-half net profit to drop by more than half due to a slowdown in airline industry growth and high prices for jet fuel, it said on Tuesday.

Air China’s announcement came days after China Eastern Airlines and China Southern Airlines issued similar profit warnings.

Airwise News Top Stories

Tagged with: , , ,

Email This Post Email This Post