BEIJING (ots) - Air China was now its interim results for the year ended 30 June 2007 previous six years ago. The airline generated in this period operating income (income from aviation and other operating revenues) of EUR 3.4 million U.S. $ (23 353 million RMB), an increase of 17.2% over the same period last year. The net profit was 6.7% and $ 200 million (1,569 million RMB), as Air China continued to outperform its domestic Competitors. Earnings per share nearly tripled, which rose by 169%, of 0.049 yuan in the first half of 2006 to a total of 0.132 RMB.
The total passenger traffic (revenue passenger kilometers = RPKs) rose in the first half by 14.4% to 17.6 billion domestic and 14.2 billion international RPKs. As well, Air China proceeded with its announced plan to join the worldwide Star Alliance, now meeting 21 of the 57 requirements. In addition, a new code-sharing agreement with the Hong Kong airline Cathay Pacific Airways has been closed. In addition, the airline increased its cooperation with airlines such as Lufthansa, United Airlines, Scandinavian Airlines, Air New Zealand, Austrian Airlines and Asiana Airlines (Korea).
The airline continued its efforts to improve service quality. This product upgrades included in the First and Business Class cabins on long-haul aircraft, and focused development at the airports of Beijing, Shanghai and Chengdu, the three main hubs of the airline. Marketing activities in connection with the Beijing 2008 Olympics, where Air China is the only airline partner steps, progressing rapidly.
Li Jiaxiang, chairman of Air China: "Our company has been of market opportunities and increased operational efficiency remarkably We continue to make progress. by expanding our hub and route network and improve customer service systems "
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