The net profit of Southern Airlines last year is about 14 times times year-on-year

Southern Airlines (600029. sh;01055.　　HK) today announced that the company benefited from the strong demand for passenger and freight and RMB exchange earnings, is expected to 2010 annual net profit growth of about 14 times times. 2009, Southern Airlines net profit of 358 million yuan, the basic earnings per share amounted to 0.05 yuan.　　It also means that Southern Airlines has a net profit of more than 5.3 billion yuan for 2010 years.　　The announcement said that the 2010-year performance surge was due to steady economic growth, a sharp increase in demand, the aviation industry appeared in the situation of both passenger and freight, the company vigorously promote strategic transformation; The appreciation of the renminbi against the dollar also brings some exchange gains. 2010 Southern Airlines passenger traffic close to the 80 million-person mark, has 32 consecutive years in the first domestic airlines, the first in Asia, and close to the world's largest airlines passenger traffic volume.　　South Airlines a total of 76.46 million passengers, the volume of mail traffic 1.1185 million tons, the total turnover of 13.113 billion tons kilometers, respectively, compared with the same period last year, increased 15.36%, 30.06%, 30.08%. At the same time, 2010 is also the South Airlines strategic transformation of the landing year, the southern airlines to Australia into a strategic transformation breakthrough, to carry out route planning, marketing, service guarantee three network construction, speed up the strategic transformation of network-scale airlines.　　At present, Guangzhou, Beijing, Urumqi, Chongqing, the construction of the four major hubs have made breakthrough progress, the Southern Airlines has become China's largest airline carrier airlines, and the transfer mode to promote Southeast Asia and Europe and the United States and other international routes. and into the 2011, the Southern Airlines began to introduce new aircraft to increase the expansion of the aviation market in Xinjiang. The reporter learned yesterday from Brazilian airlines that the company sold 10 E-190 jets to the Bank of China's Silver Holdings Limited (hereinafter referred to as the "national Silver Lease"). These aircraft will be operated by Southern Airlines to open up new markets. The first aircraft is expected to commence delivery in the second half of 2011.　　In this respect, Southern Airlines vice President Xujebo revealed that the introduction of Southern Airlines E-190 aircraft, mainly to the Xinjiang aviation market, service Xinjiang regional economic construction. Yesterday, the southern airlines A shares fell 1.61%, reported 9.19 Yuan, H-shares rose 2.19%, reported 4.67 Hong Kong dollar.