.contact us |.about us

Highlights ... ...
Search:
    Advertisement
Taiwan's China Airlines sees profit in third quarter
( 2003-09-19 09:35) (Agencies)

Taiwan's leading air carrier, China Airlines (CAL) said it expects to post a net profit in the third quarter with sales to breach 80 billion dollars (2.35 billion US) in 2004.

CAL said Monday it also expects to register a net profit for the January-September period this year, company president Philip Wei told reporters.

"We managed net break-even in the January-August period," Wei said.

Pretax profit for August came in at 667 million dollars, the company said.

In the eight months to August, China Airlines posted a pretax loss of 264 million Taiwan dollars, an operating profit of 726 million on operating revenue 46.68 billion.

Tax credit allowed the company to break even at net level in the first eight months, despite booking a pretax loss.

Wei said the company could not make available immediately its earnings forecast for the full-year of 2003, but reiterated expectations that it will post a net profit.

"September is the peak season for cargo services ... and we have new aircraft," he said.

The expectations of net profit this year are based on a presumption that there will be no SARS (Severe Acute Respiratory Syndrome) outbreak in the second half or the impact on the company will be minimal, if any.

The SARS' impact on the industry in the future, if any, should be less when compared with the second quarter as the industry has learned from the experience, Wei said.

Late last year, the company set a target of 2.4 billion for its 2003 pretax profit, but SARS and higher oil prices, among other factors, are likely to dampen any hopes of meeting the goal.

"We are optimistic about generating profit this year, but the level is likely to be lower than the target," another company official said.

However, "our parent sales next year are seen rising 13-15 percent year-on-year," company vice president John Chang said, pointing to a capacity increase of 10 percent.

The company has purchased new aircraft to expand its fleet and phased out some old ones.

"Our fleet accordingly will grow to 62 by 2007" from the current 57, company senior vice president James Chang said.

Wei said such an expansion will allow company annual sales to challenge 100 billion by 2007.

"We plan to spend around 130 billion Taiwan dollars to buy 26 aircraft during 2003-2007," John Chang said.

While Taiwan has given its approval for local airlines to launch indirect air charter cargo services across the straits, China Airlines will apply for such rights only after Beijing also gives the green light.

   
Close  
  Go to Another Section  
     
 
 
     
  Article Tools  
     
  E-Mail This Article
Print Friendly Format
 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
主站蜘蛛池模板: 人妻少妇精品专区性色AV| 国产精品久久99| 中文字幕aⅴ在线视频| 杨幂被c原视频在线观看| 亚洲精品国产成人| 精品久久久久久蜜臂a∨| 国产一卡2卡3卡四卡精品一信息 | 色婷婷综合激情视频免费看| 国产真实乱子伦精品视频| 91精品国产高清| 天天操天天干视频| 一本丁香综合久久久久不卡网站 | 被男按摩师添的好爽在线直播| 国产欧美日韩综合精品二区| 538视频在线观看| 天天躁狠狠躁狠狠躁夜夜躁| 中文乱码字字幕在线第5页| 日本一在线中文字幕天堂| 久久精品亚洲综合专区| 最近中文国语字幕在线播放| 亚洲免费视频播放| 欧美日韩亚洲成色二本道三区| 亚洲网红精品大秀在线观看| 日本免费人成在线网站| 极品丝袜乱系列集合大全目录| 国产免费av一区二区三区| 91亚洲国产成人精品下载| 富二代琪琪在线观看| 中文japanese在线播放| 日本a级作爱片金瓶双艳| 久久精品中文无码资源站| 最近免费中文字幕大全高清大全1| 亚洲国产精品久久久久秋霞小| 渣男渣女抹胸渣男渣女| 免费一级毛片在线播放傲雪网 | 最近中文字幕免费mv视频7| 亚洲国产精品无码久久久 | 国产91精品久久久久999| 视频免费1区二区三区| 国产免费啪嗒啪嗒视频看看| 高铁上要了很多次|