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China’s airlines to exceed 200 million pax in 2009; Qantas yields set to improve

Analysis

CAAC reports Mainland Chinese airlines handled 211 million passengers in the 11 months ended Nov-2009, a 20% year-on-year increase. The annual figure will therefore exceed 200 million for the first time. Cargo volumes were up 5.7% in the 12-month period, with international cargo up 0.2%, reversing the negative growth in the first ten months of the year.

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