Loading
22-Oct-2010 11:15 AM

4Q2010 results to meet expectations, 2011 to outperform 2010: Air China

Air China stated it expects 4Q2010 operational results will meet expectations and it remains optimistic of reporting increased profits in FY2011 (Sina Finance, 20-Oct-2010). Air China added that every 1% appreciation of the Chinese yuan results in a CNY26.4 million (2.4%) increase in profits for the carrier.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More