Chinese airlines enjoyed a collective profit in the first quarter as results were driven by accelerated yuan appreciation and robust domestic demand. In addition to those already announced by Air China (ATWOnline, April 28), China Southern Airlines (ATWOnline, April 22) and Shanghai Airlines (ATWOnline, April 29), China Eastern Airlines reported net income of CNY210.8 million ($30.1 million), up 142.9% from the CNY86.8 million earned in the year-ago quarter. Revenue rose 14.2% to CNY10.6 ...

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