China Aviation Oil's 2022 profit to increase 46%: RHB

A return to pre-pandemic levels, however, could take two to three years.

China Aviation Oil is expected to see a 46% surge in its 2022 profit, according to an update published by RHB.

A rebound of domestic aviation traffic is expected to happen next year, the report pointed out. This is due to a statement made earlier by China's top three airlines, stating that the government’s current travel restrictions could last until next year.

A return to pre-pandemic levels, however, could take two to three years and is in line with the projected recovery of global aviation traffic.

Previously, aviation passenger volume experienced a 50% year-on-year drop to $22.4m in August.

Follow the link for more news on

China Aviation Oil

profit

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia