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Article: CHINA'S CIVIL AVIATION INDUSTRY SAW CNY530 PROFITS IN Q1
- Article from:
- AsiaInfo Services
- Article date:
- May 10, 2007
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AsiaInfo Services
05-10-2007
China's Civil Aviation Industry Saw CNY530 Profits in Q1
BEIJING, May 10, 2007 (SinoCast via COMTEX) -- General Administration of Civil Aviation of China reported that the civil aviation industry gained CNY 530 million profits in the first quarter of 2007, CNY 1.71 billion more than the same period of 2006.
The industry realized CNY 57.45 billion revenues from main operations with a yearly surge of 19.6% and expenditure hit CNY 56.92 billion with a rise of 16.6% year on year. All the airlines gained CNY 40.51 billion revenues from major business, rising 19.9% from a year earlier, but their expenditure grew 16.5% to CNY 41.27 billion, leading loss of CNY ...