Forex Losses, High Fuel Costs Hit Air China’s Profit – Wall Street Journal
 China Daily |
Forex Losses, High Fuel Costs Hit Air China's Profit
Wall Street Journal By JOANNE CHIU. HONG KONG—Air China Ltd. became the latest Chinese carrier to suffer from foreign-exchange losses, higher fuel costs and slowing demand for air travel as it reported a 77% drop in its first-half net profit Tuesday. China's state-owned … China Southern profit plunges on forex, fuel costs Air China net profit falls 77 pct on fuel, forex Air China 1st-Half Net Down 77% on Forex Losses, High Fuel Costs |
