Air Transport World

China Airlines. (Asia/Pacific report).(profits forecast)(Brief Article)

China Airlines reported a pre-tax profit of NT$1.26 billion ($37 million) for the five months ended May 31 and said it expects to be profitable for the full year and for 2003 in spite of the negative impact of the crash of one of its 747-200s in May (next item). The carrier attributed the profits, up 71% from the same period last year, to an increase in cargo revenue spurred by a rise in the local economy and higher demand for high-tech products. …

Log in to your account to read this article – and millions more.