China Eastern 737-700. By Rob Finlayson China Eastern Airlines (MU) has reported a first-half net income of CNY806.9 million ($127.2 million), down 64.6% compared to a net profit of CNY2.28 billion in the year-ago period. Operating revenue rose 4.63% to CNY38.04 billion against a 9.6% increase in operating expense to CNY35.52 billion. Fuel costs, which climbed 9.7% to CNY14.67 billion, accounted for 41.3% of total operating expenses. The Shanghai-based carrier cited the global ...

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