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11-Sep-2009 2:30 AM

China Eastern's pax surge one year after Olympics, China Southern expects improved 2H2009 earnings

Analysis

China Eastern Airlines shares gained 2.9% yesterday, as the carrier reported a 51% jump in Aug-2009 passenger numbers, with growth across the board (although predominantly driven by a 59% jump in domestic pax). It follows last year's weak base, due to reduced travel associated with the Beijing Olympics.

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