August 29，China Airlines (stock code: 002928) releases 2018 semi-annual report，Benefited from the company’s active development of regional route business during the reporting period，First half of the year，The company achieved operating income of RMB 20.2.8 billion yuan，32 year-on-year increase.22%；Net profit attributable to shareholders of listed companies is 1.2.2 billion yuan，Decreased by 25 year-on-year.50%。

China Airlines said,188bet app download

As 188bet app download understood，China Airlines’ main business is air passenger and cargo transportation，Business scope is domestic (including Hong Kong, Macao and Taiwan)，International air passenger and cargo transportation business。

Report Display，As of the end of June 2018，The company has 102 flying routes，96 domestic branch routes，99 navigable cities；3 international branch routes，2 international destination cities。The company has 97 independent flight routes，Accounting for 95% of the company’s routes，3% increase year-on-year。The company’s regional routes account for 40% of all domestic regional airports。

During the reporting period,The weighted average price of the company’s aviation fuel purchases increased by 15%，Overall aviation fuel cost increased by 58%。Since aviation fuel costs usually account for about 30% of operating costs，Jet fuel prices rise sharply，Has a significant impact on the growth of operating costs during the reporting period。

Report Display，Due to the large fluctuations in the RMB exchange rate during the reporting period，And the depreciation was obvious compared with the first half of 2017。Exchange loss of RMB 7.7 million during the reporting period，Exchange income of 28.23 million yuan in the same period last year，This financial expense increased significantly by 127% year-on-year。

The company was in a rapid development stage in the first half of the year，Need to reserve a certain number of flights、Run、Professional technical and management personnel。At the end of the reporting period, the total number of employees increased by nearly 600 year-on-year，28% year-on-year increase，The total labor cost during the reporting period increased by 38% year-on-year，It also has a significant impact on the growth of operating costs。

At the end of the reporting period, the company’s US dollar liabilities were 1.USD 500 million，Accounting for about 20% of all financial liabilities。USD liabilities owned by the company，Mainly used for aircraft introduction and engines、YoY growth of 7。At the end of the reporting period, the proportion of short-term liabilities borrowed by the company from financial institutions to all financial liabilities was 23.11%，YoY growth of 7.75%。

As understood，Aviation fuel is one of the most important components of airline production costs，Fluctuations in aviation fuel market prices have a greater 188bet online sports betting impact on airline production costs，In turn affecting the airline’s profit level。In recent years, affected by the world economy、USD exchange rate、Affected by various factors such as geopolitics and supply and demand，International crude oil prices have experienced relatively large fluctuations，The price of aviation fuel has also undergone major changes。The future trend of aviation fuel prices will become more complicated as the domestic and foreign economic situation becomes more complicated，With greater uncertainty。

China Airlines said,If the price of jet fuel increases in the future，It will still have an adverse impact on the company’s operations。