Chinese airlines carried 15.4 million passengers in May, down 1.1% year-over-year, as the devastating Sichuan Province earthquake and surging oil prices impacted demand, according to CAAC. Air China passenger boardings dropped 10.7% to 2.7 million and load factor fell 4.5 points to 71.3%, which CA attributed to the earthquake and the dedication of some capacity to relief efforts. China Eastern Airlines saw passenger numbers plunge 8% to 3 million. Operating expenses rose with fuel prices. CA ...

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