China Eastern returns to operating profitability in 3Q2010

China Eastern Airlines revenue soars 91% - financial highlights for the three months ended 30-Sep-2010 (according to Chinese Accounting Standards):

• Revenue*: USD3,267 million, +91.4% year-on-year;
• Operating costs: USD2,434 million, +62.7%;
• Operating profit: USD502.0 million, compared with a loss of USD11.0 million in p-c-p;
• Net profit: USD472.1 million, 5729%;
• Total assets: USD15.4 million, +42.8% when compared with the period ended 31-Dec-2009;
• Total liabilities: USD12,978 million, +26.8 when compared with the period ended 31-Dec-2009;
• Nine months ended 30-Sep-2010:
• Net operating cash flow: USD1,485 million, +94.7%. [more]

*Based on the conversion rate at USD1 = CNY6.682