China Eastern Airlines predicts its 1Q net profit will increase 60%-70%, according to a filing released by the Shanghai Stock Exchange. The Shanghai-based carrier credited continuous market demand growth and lower fuel prices for the expected 1Q performance. China Eastern reported a net income of CNY1.56 billion in the first quarter of 2015. ASKs grew 15.9% against a 16.1% increase in RPKs. It didn’t reveal exact traffic figures. Industry analysts predict there will be more room for ...

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