China's airlines narrow first-quarter loss to CNY820 million
China's airlines reported a collective first-quarter net loss of CNY820 million ($106.7 million), narrowed from a CNY2.14 billion deficit in the year-ago quarter, according to figures released by CAAC. Operating revenue rose 19.9% to CNY40.5 billion while costs increased 16.5% to CNY41.2 billion...
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