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China's civil aviation industry reports profit surge

Beijing, China - Profits increased to 5.1 billion euros

China's civil aviation industry boomed last year as increasing air travel drove profits to 43.7 billion yuan (5.1 billion euros), a senior Chinese aviation official said Tuesday. The profits were sharply up from 12.2 billion yuan (1.42 billion euros) the previous year. Wang Changshun, deputy director of the General Administration of Civil Aviation of China (CAAC), attributed the surge to increasing...

AVIONEWS - World Aeronautical Press Agency - 1124520

AVIONEWS - World Aeronautical Press Agency
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