China’s airlines profitable in 2Q2010 and Jul-2010; more black ink in third quarter
Chinese airline profits are flowing again in 2010 after a recovery in earnings in 2H2009, despite aggressive capacity and network expansion. The CAAC reported that the nation’s carriers achieved combined profits of USD808.2 million in Jul-2010, with overall profits for the aviation industry (including airports) soaring 363.5% to USD948.8 million. Profits for airports totalled USD76.1 million, while ‘other’ profits added USD64.4 million to the overall figure. For airlines, the appreciation of the yuan was once again at the heart of the gains.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: email@example.com