14-Apr-2011 10:58 AM
CAAC reports USD359m profit in Mar-2011
CAAC reported the following financial/traffic highlights for China's aviation industry (CAAC-News, 13-Apr-2011):
- Mar-2011:
- Profit: CNY2370 million (USD359.1 million);
- Passenger numbers: 22.8 million, +5% year-on-year;
- Passenger load factor: 81%, +0.4 ppt;
- Cargo volume: 489,000 tonnes, +2%;
- Three months ended 31-Mar-2011:
- Profit: CNY7480 million (USD1133 million), +17.5%;
- Passenger numbers: +9.3%;
- Cargo volume: +1.2%.