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.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 2,047 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.