China Eastern's 2008 loss exceeds $2 billion

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...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.