11-Apr-2011 11:49 AM

China Airlines expects under USD35m in profit in 1Q2011

China Airlines is expected to report a profit of less than TW1000 million (USD34.6 million) in the three months ended 31-Mar-2011, compared with a profit of TWD2632 million (USD91.1 million) in 1Q2010 due to the rising cost of fuel (China Times, 09-Apr-2011). The carrier stated its fuel costs had increased by close to TWD3000 million (USD103.9 million) in 1Q2011.

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