Home | China | World | Business China's Aviation Industry Gains Surplus WED, FEB 20, 2002     A source at the China Aviation Industry Corporation I (AVIC I) said in Beijing Tuesday that this, China's leading aviation company has made up its deficit and begun to gain a surplus. Last year, the company made 50 million yuan in profit, shedding its chronic deficit, thanks to its reform and restructuring policy. Seven companies affiliated to AVIC I have been regrouped into limited companies. In addition, five companies have gone into bankruptcy and another five have been regrouped into listed companies. Meanwhile, China Aviation Industry Corporation II recorded 21.6billion yuan in industrial output value last year, and 16 billion yuan in sales revenue. Editor:Liu Hongji Source:Xinhua Recommend to your friend email:    China Central Television,All Rights Reserved