Shenzhen Airlines reported a first-quarter net profit of CNY160 million owing to a strong rebound in the domestic market; the year-ago result was not available and the carrier did not disclose its first-quarter revenue, expenses, passenger or cargo traffic. Owing to double-digit growth in the domestic market, Chinese carriers posted a collective net profit for the quarter of CNY1.78 billion, according to CAAC. Shenzhen achieved an annual profit of CNY26 million in 2008 and expects to improve ...

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