Currency gain helps boost aviation profits

Aviation

Friday, October 10, 2008 21:05:24

	Currency gain helps boost aviation profits By STAFF EDITOR Published: January 11, 2008 12:00 PM China’s civil aviation industry posted a US$2.34 billion (RMB17 billion) profit for the first 11 months of last year, up 74% on the same period a year earlier, the Shanghai Securities News reported. Operating revenue was US$33.25 billion (RMB241.8 billion) over the period. According to Li Jiaxiang, acting director of China’s General Administration of Civil Aviation, ... You are currently reading 59 words of 181 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: airline , cargo , China Aviation , Air China	More Articles in Aviation > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Hainan Airlines restructures department stores Hainan Airlines pairs up with Yunnan government to rival Eastern Airlines China’s aviation sector in downward spiral Air China IH revenues up 5.5% to $3.55b Jumbo jet project relies on foreign components China needs 2800 planes by 2026: Airbus Changhe Automobile shifts to aviation to avoid delisting

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