China Eastern Airlines reported a net profit of CNY6.4 billion ($983 million) in 2017, up 41% over net income of CNY4.5 billion in 2016 as market demand continues to grow and exchange rates improve. In addition, last year China Eastern received CNY4.9 billion in government subsidies. Operating revenue for 2017 rose 3.2% to CNY101.7 billion. Revenue grew 9.1% to CNY90.8 billion while cargo traffic revenue fell 39.1% to CNY3.6 billion. Operating expenses increased 9.3% to CNY90.3 billion and ...

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