19-Dec-2014 3:20 PM

Chinese airlines' net profit double in Nov-2014

CAAC reported Chinese airlines' net profit doubled (+101%) year-on-year to CNY20 million (USD3.1 million) in Nov-2014, as reported by Yicai. Operating revenue increased 9% to CNY32.8 billion (USD5125 million) and operating costs increased 4% to CNY29.9 billion (USD4672 million).

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