China Eastern’s 2017 net profit up 41% as demand, exchange rates improve
China Eastern Airlines reported a net profit of CNY6.4 billion ($983 million) in 2017, up 41% over net income of CNY4.5 billion in 2016 as market demand continues to grow and exchange rates improve. In addition, last year China Eastern received CNY4.9 billion in government subsidies. Operating...
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