Fuel costs, fare competition push China Southern into first-half loss
China Southern Airlines Group reported a hefty first-half net loss under IFRS of RMB907 million ($112 million), reversing income of RMB266 million in the January-June 2004 period. Turnover for the group totaled RMB17.84 billion, up 60% compared to the previous period. Passenger revenue of RMB16...
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