China Eastern Airlines reported a loss of CNY955.1 million ($119.1 million) in the first quarter, according to press reports. The total was more than double its full-year 2005 loss of CNY467.3 million (ATWOnline, April 11). Revenue climbed 55.8% to CNY7.48 billion. The carrier said it expects to incur losses in the current quarter as well.
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