Air China, the largest airline in China, reported an amazing 147% increase in Q1 profits.
That is extremely impressive when you consider how rapidly fuel prices have risen this year. What it really tells you
is how rapidly growing air travel is in China.
Now, I wouldn’t rush out an invest in any Chinese airlines, but you should certainly take a look at the other
travel-related companies that should benefit from this booming travel demand in China.
And it tells you why I included Ctrip.com in our portfolio.
