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China Eastern Airlines is headquartered on the grounds of Shanghai Hongqiao International Airport in Shanghai. It is a major Chinese airline operating international, domestic and regional routes. Its main hubs are at Shanghai Pudong International Airport and Shanghai Hongqiao International Airport. China Eastern also has hubs at Kunming Wujiaba International Airport and Xi'an Xianyang International Airport. China Eastern Airlines is China's second-largest carrier by passenger numbers and the world’s third-biggest carriers by market value. The airline posted a net profit of $326.7 million for the first half of 2010. On 16 April 2010, China Eastern Airlines announced an initial agreement to join Skyteam.