China Eastern Airlines reported a CNY13.93 billion ($2.04 billion) loss in 2008, according to domestic accounting standards, a reversal from a CNY604 million profit net profit reported in 2007. Its loss under international accounting standards reached CNY15.26 billion. Operating revenue fell 4% year-over-year to CNY41.84 billion (domestic accounting standards) while expenses climbed 14% to CNY43.08 billion, an increase attributable mainly to a 22.3% jump in fuel costs to CNY18.49 ...

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