China's aviation industry profit down 13% in 2013

CAAC reported (23-Jun-2014) China's aviation industry recorded a 12.9% year-on-year decline in profit to CNY24.8 billion (USD3.9 billion) in 2013, despite a 6.5% increase in revenue to CNY589.0 billion (USD92.0 billion). Details include:

• Revenue: CNY589.0 billion (USD92.0 billion), +6.5% year-on-year;
• • Airlines: 405.0 billion (USD63.3 billion), +5.2%;
  • Airports: CNY62.6 billion (USD9.8 billion), +11.9%;
  • Others: CNY121.4 billion (USD19.0 billion), +8.2%;
• Profit: CNY24.8 billion (USD3.9 billion), -12.9%;
• • Airlines: CNY16.2 billion (USD2.5 billion), -18.6%;
  • Airports: CNY4.2 billion (USD651.6 million), -6.3%;
  • Others: CNY4.4 billion (USD687.5 million), +0.7%. [more - original PR - Chinese]