China's Top Airlines Brace for Smaller Profits on Slower Demand, Weak Yuan

Air China, the country's flagship carrier, saw a smaller 9.5% drop in net profit to 3.14 billion yuan due to positive returns from its investment in Hong Kong's Cathay Pacific Airways Ltd, which swung to its first profit for the January-June period since 2016.

from Top World News- News18.com https://ift.tt/2ZFsztx