16-Mar-2010 11:14 AM

Aviation profits surge in Feb-2010 on the back of traffic insurgence: CAAC

CAAC reported industry profits surged 523% year-on-year to CNY2.1 billion (USD303.1 million) in Feb-2010, due to significant increases in passenger and cargo traffic (China-CBN.com, 15-Mar-2010). Details include:

  • Aviation profit: USD303.1 million, +523% year-on-year;
    • Airlines: USD253.3 million, +1,458%;
    • Airports: USD16.1 million, +345%.