North Asia Airlines Earnings Wrap

Air China, China Eastern, China Southern, Shandong Airlines, Hainan Airlines and ANA were all profitable in the three months ended Sep-2009, although Shanghai Airlines remained in the red in the period and ANA now expects a full year loss in the 12 months ended Mar-2010. Meanwhile, Taiwan's carriers, China Airlines and EVA Airways reported narrowed losses in the nine months ended Sep-2009.