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6-Nov-2009 11:53 AM

CAAC sees a return to robust growth in China's aviation sector

CAAC Director General, Li Jiaxiang, stated China's aviation sector has returned to robust growth, with double-digit increases in all segments of the industry, and higher passenger numbers and profits at the country's airlines in the latest quarter (Wall Street Journal, 06-Nov-2009). Chinese carriers, maintenance facilities, airports and other aviation businesses reported a collective profit of CNY9.2 billion in 3Q2009, compared to a loss of CNY28 billion in the previous corresponding period.