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Air China “can’t be certain of profit” in 2009

Premium Analysis

Air China Chairman, Kong Dong, stated the carrier "can't be certain of profit" in 2009, stating the Chinese aviation industry is experiencing its worst ever Winter, characterised by significant cargo traffic declines, with no signs of improvement in the global economy. Mr Kong added, "it is difficult to be optimistic about this year," despite Air China having the healthiest balance sheet of the country's three major Chinese airlines.

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