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January 5, 2011

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Earnings take off

CHINA Eastern Airlines expects its 2010 profit to be 10 times that of a year ago due to rising passengers on a growing economy, the World Expo and the takeover of Shanghai Airlines, the carrier said yesterday.

The airline's profit in 2009 was 540 million yuan (US$82 million), the Shanghai-based company said in a preliminary statement to the Shanghai Stock Exchange yesterday.



 

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