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Is China’s traffic stimulus sustainable?

Premium Analysis

China's major carriers welcomed an improvement in passenger traffic in Jul-2009, following last year's depressed levels, with China Eastern, China Southern, Air China and Hainan Airlines all experiencing double digit year-on-year passenger growth in the month. (Cathay Pacific traffic results are included on the below graphs for comparative purposes. Full Cathay financial/traffic results available in a separate profile).

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