Air Transport World

China Eastern airlines.(ASIA/PACIFIC Report)

China Eastern Airlines enjoyed a turnaround in 2007, posting a net profit of CNY269 million ($38.4 million) that represented a reversal from the CNY3.3 billion loss suffered in 2006. Operating revenue rose 13% to CNY42.52 billion while expenses climbed 4% to CNY43.08 billion. For the first quarter of 2008 it reported net income of CNY210.8 million ($30.1 million), up 142.9%. Revenue rose 14.2% to CNY10. …

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