China Eastern Airlines posted a net loss of CNY212.5 million ($31 million) in the 2008 first half, narrowed from a CNY305.6 million deficit in the prior-year period, on a 6.6% lift in operating revenue to CNY20.31 billion. Operating expenses jumped 10.52% to CNY21.94 billion, triggered by a 22.8% surge in fuel expenses to CNY8.57 billion. A currency exchange gain of CNY1.95 billion, more than double that reported in the year-ago semester, helped offset "declining domestic market demand" and ...

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