China Eastern Airlines suffered a CNY2.33 billion net loss in the third quarter, reversed from a CNY976.5 million profit in the year-ago period, on a 13.7% decrease in operating revenue to CNY10.81 billion. Board Secretary Luo Zhuping attributed the result to the "continuous decline of domestic market demand caused by the worsening economic environment." He pointed out that the third quarter traditionally is the "peak" period for both traffic and profit, but said the negative growth the ...
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