Article: China's aviation industry reduces losses in first half of 2002

China's aviation industry reduces losses in first half of 2002

BEIJING, July 25 (Xinhua) -- China's civil aviation industry made a total income of 47.28 billion yuan (about 5.71 billion US dollars) in the first half of 2002, up 6.9 percent compared with the same period last year.

Losses worth some 820 million yuan (100 million dollars) were reduced over a year earlier.

During the first six months, China's total aviation turnover grew 15.7 percent to 7.54 billion ton kilometers, and passenger numbers increased 14.4 percent to 39.89 ...

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