China Airlines reports USD92m operating profit in 2Q2020, USD7m loss in 1H2020

    China Airlines reported (Aug-2020) the following financial highlights:

    • Three months ended 30-Jun-2020:
      • Total operating revenue: TWD26,316 million (USD877.1 million), -38.6% year-on-year;
        • Passenger: TWD972 million (USD32.4 million), -96%;
        • Cargo: TWD23,400 million (USD779.9 million), +116%;
      • Total operating costs: TWD23,568 million (USD785.5 million), -44.3%;
      • Operating profit: TWD2748 million (USD91.6 million), +380%;
      • Net profit: TWD2785 million (USD92.8 million), compared to a loss of TWD491.9 million in p-c-p;
    • Six months ended 30-Jun-2020:
      • Total operating revenue: TWD58,873 million (USD2 billion), -29.3%;
        • Passenger: TWD17,267 million (USD575.5 million), -63.8%;
        • Cargo: TWD34,446 million (USD1148 million), +64.6%;
      • Total operating costs: TWD59,096 million (USD2 billion), -27.9%;
      • Operating profit (loss): (TWD223.1 million) (USD7.4 million), compared to a profit of TWD1334 million in p-c-p;
      • Net profit (loss): (TWD1359 million) (USD45.3 million)), compared to a loss of TWD703.3 million in p-c-p.