Profits booming domestic aviation market increased passenger and cargo

Yesterday, the Civil Aviation Administration of China (the "CAA") announced, "General Administration of Civil Aviation of China in July 2010 production targets of major transport statistics" data: civil aviation passenger transportation, cargo and mail transport gain were observed in more than 20%; total profit of 6.48 billion yuan , an increase of 363.5 percent.

Data, aviation industry in July passenger traffic 2,547.2 million, up 21.0%; cargo transportation volume was 445,400 tons, up 23.6%; in July to complete the total 4.77 billion tons kilometers transport turnover, up 28.2%; completed volume of passenger transportation 37.9 billion person-kilometers, up 25.6%.

Financially, in July the whole civil aviation industry achieved a total profit of 6.48 billion yuan, up 363.5 percent.