Benefiting from yuan appreciation and fast-growing demand in the domestic market, Chinese carriers reported a collective profit in the third quarter. Hainan Airlines posted net income of CNY228.9 million ($30.6 million) in the period, up 19.1% over CNY191.5 million earned in the year-ago quarter. Operating revenue increased 5.5% to CNY2.26 billion against a 0.6% drop in operating expenses to CNY1.72 billion. Net profit for the first nine months of 2007 was CNY418.62 million. Shanghai ...

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