Chinese Airlines Face Annual Losses as Fuel Costs Bite
Air China, China Eastern and China Southern face annual losses as fuel costs squeeze margins, despite early signs of firmer domestic fares.
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China Eastern Airlines operates in airlines, airports, and aviation and is known for domestic and international passenger aviation, cargo, loyalty, and Shanghai hub operations.
China’s top three airlines - Air China, China Eastern, and China Southern - reported rare profits after a strong summer travel boom, signaling a fragile recovery…