China Eastern Airlines expects its 2014 net profit to rise 40% to 60% compared to 2013, due to lower fuel prices, according to a carrier statement released by the Shanghai Stock Exchange. China Eastern reported a net income of CNY2.38 billion ($386 million) in 2013. The carrier credited management improvements, lower fuel prices and adjustment to its welfare policy as main reasons for the improved financial performance. The Shanghai-based carrier did not reveal operating revenue, operating ...

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