Domestic
Air China forecasts profits in H1
(Xinhua)
Updated: 2009-08-03 11:32
Air China, the country's national flag carrier, is expecting profits in the first half of this year, an unidentified official of the company told Xinhua over the weekend.
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The official also did not give specific figures of the profits.
The company is scheduled to release its first-half report on August 26.
As one of the three major airlines in China, Air China posted a loss of 9.15 billion yuan (about $1.34 billion) in 2008.
But it enjoyed a business recovering to report a net profit of 981 million yuan in the first quarter.
