China Southern A320. Photo: By Rob Finlayson. China Southern Airlines said its 2010 net profit is likely to be around CNY5.01 billion ($757.9 million), fourteen times greater than a 2009 net profit of CNY358 million (ATW Daily News, April 14, 2010). It credited robust domestic market growth, the Chinese economy's stability and Yuan appreciation, according to a CZ statement released by the Shanghai Stock Exchange. CZ transported 76.5 million passengers in 2010, up 15.4% ...

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