Air Transport World

China Southern.

China Southern has gone into the red in the first six months of this year, reporting a loss of 72.3 million yuan ($8.7 million), massively down on the profit of 409.3 million yuan for the same period the year previously. Turnover declined 7.8% to 5.7 billion yuan and operating profit fell 85% to 183.5 million yuan.

China Southern said the result reflected an extremely difficult operating environment and blamed the mainland's slowing economy as well as Asia's financial turmoil. …

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