Economic slowdown, high-speed railways hold back airlines

By Wang Ying in Shanghai | China Daily | Updated: 2013-08-31 08:17

China Southern Airlines Co Ltd saw revenue slip 4.2 percent year-on-year to 46 billion yuan ($7.5 billion), while net profit tumbled 32.7 percent to 302 million yuan, the third decline in a row. Provided to China Daily

Economic slowdown, high-speed railways hold back airlines

Revenue falls for nation's top two carriers

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