China Eastern profits expected to rise tenfold
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China Eastern Airlines has said that it expects its net profit to hit a record CNY5.4 billion (US$816 million) in 2010 – 10 times greater than it achieved in 2009. Reported by the China Daily, Shanghai-based China Eastern said the World Expo, the upturn in demand for domestic air travel and its merger with Shanghai Airlines had all contributed to the impressive result.
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