Airline

Chinese carriers enjoy increase profits for October

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Chinese carriers enjoy increase profits for October

Thanks to the decline in the cost of fuel, Chinese carriers have posted a collective net profit of CNY1.9 billion ($309 million) in October – an increase of 32% compared to CNY1.43 billion posted last year. Operating revenue rose 8% to CNY37.1 billion, with expenses up by 7% to CNY31.4 billion. Pa...

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