Air China (AIRYY.PK) forecasts passenger growth will decline by 4.4% this year, further...

|About: Air China, Ltd. ADR (AIRYY)|By:, SA News Editor

Air China (AIRYY.PK) forecasts passenger growth will decline by 4.4% this year, further pressuring profit margins that are squeezed tight by higher fuel costs. The world's largest airline by market cap saw profits decline by 41% last year to 7.08B yuan ($1.1B).