CAL, EVA expect to see profits take off in Q2 - Greater China Transport Logistics Insights

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CAL, EVA expect to see profits take off in Q2

2012-06-05 00:19:00

TAIPEI, June 5 (GCTL) - Driven by cheaper oil prices at average price of US$123 per barrel of aviation turbine fuel as at the end of May, US$10 or 7.5% less than US$133 seen a month ago, Taiwan’s top two airlines China Airlines Ltd. and EVA Airways Corp. both expect to see their profits rebound in the second quarter of this year after having suffered from a faltering market since early this year.

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Category : Aviation Greater China

Tags : EVA Airways Corp., profits, China Airlines Ltd.,

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