28-Oct-2010 11:56 AM

Chinese carriers expect to report 417% surge in profits so far in 2010

China domestic airlines are reportedly expected to report a 47% year-on-year increase in operation revenue to CNY220.4 billion (USD33.0 billion) and a 417% surge in profits to CNY28.9 billion (USD4.3 billion) in the nine months ended 30-Sep-2010 (Shenzhen Business Daily, 27-Oct-2010).