China Eastern Airlines posts 1Q loss

Credit: Rob Finlayson
China Eastern Airlines reported a first-quarter net loss of CNY132.4 million ($21.3 million), reversed from a net profit of CNY266.5 million in the year-ago period. Operating revenue grew 6.9% to CNY20.66 billion while operating expenses rose 9.4% to CNY21.4 billion. The carrier said the results...

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