China's aviation reports increased profits

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 ◆ China's aviation reports increased profits

China's air industry generated profits of 480 million yuan (57.8 million US dollars) in the first eight months of the years, with passenger traffic rising 11 percent over the same period last year, according to the General Administration of Civil Aviation of China (CAAC).

China's robust air traffic growth shows its aviation industry has flown out of chronic financial trouble and people's confidence in air travel has not been dampened by the terror strikes, a CAAC official was quoted as saying in China Daily on September 12.

The official attributed the achievement in part to the steady national economic growth and enhanced security measures.

The first eight months of the year alone saw the government invest 1 billion yuan (120 million US dollars) to aid the airlines in updating aviation security systems, including reinforcing cockpit doors and improving safety examination equipment at airports, according to the newspaper.