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Airline hopes for rebound

(chinadaily.com.cn)
Updated: 2009-06-05 14:34

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Loss-making China Eastern Airlines Corp may be back in the black this year due to a pick-up in the domestic air travel market, a senior company executive said.

After years of double-digit growth, China's airlines face strong headwinds this year as the global economic crisis weighs on air travel, pushing the industry deep into the red. But the market may have resumed its normal growth pattern, as China's aggressive stimulus package to bolster economic growth lifted consumer confidence and boosted air travel...

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