05-May-2011 10:40 AM
Taiwan’s airlines optimistic of improved second quarter after weaker profitability in 1Q2011
Analysis
China Airlines, Taiwan's largest air carrier, and EVA Airways, its second largest, separately stated they are optimistic of improved second quarter results on the back of rising demand for passenger and cargo services, after reporting substantially weaker profitability in 1Q2011, predominantly linked to rising fuel costs.
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