Air Transport World

China Eastern Airlines:

The Shanghai-based carrier posted a loss of CNY467.3 million ($58.3 million) in 2005 despite increasing revenues 28.3% to CNY27.45 billion, and losses deepened in the 2006 first quarter to $119.1 million even though revenues soared 55.8%, as fuel prices savaged the airline. Compounding the fuel problem has been the integration of Air Great Wall, China Northwest Airlines and Yunnan Airlines. …

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