BEIJING, March 7 (Reuters) - China Southern Airlines expects to resume profit growth this year as rising incomes prompt more Chinese to opt for air travel, the company's chairman told Reuters on Friday.
(Recasts lead, adds quotes from China Southern Airlines chairman)
saw a 2.1% rise in domestic travel demand. Related stocks: AAL , UAL , DAL , RYAAY , OTCPK:CPCAY , OTCPK:SINGY , CEA , ZNH , CPA , GOL , LFL , OTCPK:DLAKF , OTCPK:AIDIF , OTCPK:QUBSF , JBLU , RJET , SAVE , ALK , HA , OTCPK:AIRYY , OTC:MLYAF
By The Oxen Group : By Giorgio Ferrero Daily Data: Chinese Stocks Chinese stocks have been popular for quite some time. Investors have been attracted to the country's +8% GDP growth rate. The growth is so staggering that you can view videos on youtube.com of construction companies building 15-story
by the Chinese New Year, which this year fell in January rather than February, and new daily services from China Southern Airlines . That explains why arrivals from China dropped by 11.8% in February, causing overall international passenger
Passenger arrivals from China and Singapore shot up considerably following the service commencements from China Southern Airlines and Jetstar respectively. This boosted aeronautical and retail income. We understand the RWC contributed
likely reflects a belief "the recovery in the United States and Europe won't come soon." Also today, China Southern Airlines ( ZNH ) said the delivery of its first Dreamliner will likely be delayed by at least another seven months, but
We are no longer providing equity research on China Southern Airlines ZNH . We provide broad coverage of more than 1,700 companies across 91 industry groups and adjust our coverage as necessary based on client demand and investor interest.
China Eastern's profit. Overall, the firm has not performed as well as its two main rivals, Air China and China Southern ZNH . We remain concerned as the firm operates a highly leveraged business, both financially and operationally, in a deeply cyclical
as its majority owner) as well as on the airline industry adds extra risk to an investment in its shares. China Southern Airlines is one of the three largest airlines in China. The firm operates a highly leveraged business, both financially