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China Southern Airlines declares a net loss of Usd 230.9 million

Hong Kong, China - Also this time the reason is the fuel high costs

China Southern Airlines declared at the meeting of Wednesday that because of the fuel high costs that made increase the operating costs, the loss in 2005 was of Usd 230.9 million, widening from a 48 million yuan loss in 2004. In addition the company declared in January that competition of industry in domestic aviation transportation had intensified making it difficult for the company to raise the...

AVIONEWS - World Aeronautical Press Agency - 139552
Rome, Italy, 04/20/2006 18:40
AVIONEWS - World Aeronautical Press Agency

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