China Eastern Airlines A320. By Rob Finlayson China Eastern Airlines (MU) reported a net profit of CNY4.58 billion ($722 million) in 2011, down 7.7% from CNY4. 96 billion in 2010, due to rising fuel prices and competition from China’s high speed rail system. Operating revenue climbed 11.65% to CNY82.4 billion while operating expenses increased 15.3% to CNY79.29 billion. Fuel expenses jumped 35.3% to CNY29.23 billion. RPKs rose 8.31% to CNY100.89 billion against a 7% increase ...

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