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China Eastern Airlines expects domestic air traffic to increase 20% in 2010

12-Apr-2010 11:16 AM

China Eastern Airlines Chairman, Liu Shaoyong, stated he expects domestic air passenger traffic to register a growth exceeding 20% this year, adding traffic could reach pre-global financial crisis levels "if no major disaster occurs" (SoHu Business, 10-Apr-2010). Mr Liu also stated following its merger with Shanghai Airlines, the new carrier will not seek to increase market share but will focus on expanding capacity on several local markets and major markets, including Shanghai. Meanwhile, Mr Liu added the carrier plans to increase its revenue ratio from international and domestic services from 3:7 to 4:6 (Yicai.com, 11-Apr-2010).