Chinese carriers earned a collective net profit of CNY35.1 billion ($5.28 billion) in 2010 owing in large part to surging domestic growth, according to CAAC Vice Minister Wang Changshun. The net income represents more than a fourfold increase over a CNY7.4 billion profit in 2009. Operating revenue for 2010 climbed 41.5% year-over-year to CNY299.9 billion. The regulator did not reveal total operating expenses. Passenger boardings lifted 15.8% to 267 million while cargo traffic volume rose ...

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