China's aviation profits soar in Sep-2010

CAAC reported the following financial highlights for the nation's aviation industry in Sep-2010 (Yicai.com, 15-Oct-2010):

• Profit: USD1,108 million, compared with a profit of USD69.3 million in p-c-p;
  • Airlines: USD999.8 million, compared with a profit of USD16.6 million in p-c-p;
  • Airports: USD43.7 million, compared with a profit of USD96,364 in p-c-p.

*Based on the conversion rate at USD1 = CNY6.6415