China Eastern posts $79 million 2009 profit
Shanghai-based China Eastern Airlines yesterday reported a 2009 net profit of CNY539.7 million ($79.2 million), a big turnaround from a net loss of CNY13.93 billion in 2008, on a 4.8% decrease in operating revenue to CNY39.83 billion. Operating expenses lowered 13.5% to CNY37.25 billion owing to...
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