Airline

AIR CHINA PROFIT UP 150%

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AIR CHINA PROFIT UP 150%

Air China confirmed yesterday that its 2010 net profit rose 150% to 12 billion yuan ($1.8 billion) from 4.9 billion yuan in 2009 on the back of a 63% rise in ticket revenues. Operating revenue was up 60.5% on 2009 at CNY82.49 billion. Meanwhile, operating expenses climbed 55.9% to CNY71.56 billion i...

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