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Air China Sees 2010 Net Profit more than Doubling

01-14 16:05 Caijing

»Air China forecasted its net profit in 2010 more than doubled from last year, boosted by the country’s economic growth and world warming, the carrier said on late Thursday in a performance forecast.

»Net profit in 2009 was 5.029 billion yuan. Calculated on this, the company will see more than 10.058 billion yuan in profit for 2010.

»According to a CICC report, Air China’s passenger load factor will remain higher than its competitors, based on its sound airline network and better market control capability, while improved yearnings management will help lift its revenue.

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