Beijing airport 2008 net profit down 92%

4/29/2009 9:12:20 AM

Beijing Capital International Airport, which operates the airport in China's capital, said its 2008 net profit fell 92 percent from a year earlier on a jump in operating expenses. Net profit for the year ended December 31 fell to US$12.5 million. Revenue rose 31 percent to $677.1 million from $515.9 million. The company said it will pay about $3.9 billion to acquire the new Terminal 3 at the airport from its parent, Dow Jones reported. The company said in a statement the price is subject to adjustment because the transfer of the land-use rights for the terminal is still in process. Cargonews Asia

RELATED NEWS

OTHER NEWS

Lufthansa resume direct flights to Munich (4/29/2009 9:10:50 AM) AirBridgeCargo launches service to Maastrict (4/28/2009 8:49:09 AM) V Australia defers deliveries (4/27/2009 9:34:17 AM) Al Maktoum delayed (4/25/2009 9:37:01 AM) Air China to expand (4/25/2009 9:36:40 AM) United expanding U.S./Europe cargo capacity (4/25/2009 9:35:26 AM) Jetstar Asia to fly to new Malaysian destinations (4/25/2009 9:34:01 AM) Emirates adds Southeast Asia capacity (4/23/2009 9:47:11 AM) Lufthansa Cargo expands in Africa (4/23/2009 9:46:50 AM) US Airways Resumes Charlotte-Paris Service (4/22/2009 9:30:55 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148