30-Aug-2010 12:23 PM
China Eastern’s profitability soars; ANA's bottom line won't feel 787 delay
Analysis
China Eastern Airlines reported a 63% jump in first half net profitability to USD248 million (with operating profit increasing 25% to USD372 million) on a 94% revenue increase to USD4.8 billion, as Shanghai's World Expo boosted travel demand, the carrier's acquisition of Shanghai Airlines increased passenger numbers and a stronger yuan reduced the repatriated value of debts.
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