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Chinese airlines in loss

Beijing, China - A negative year for China Eastern, China Southern and Air China

Negative results in 2008 (about one billion Euros) also for Air China after the announcement by China Eastern and China Southern. The international crisis and the high oil price provoked this negative trend, in addition to the strengthening of the security measures during the Olympic Games, the snowfalls in January-February and the Sichuan's earthquake in May. China Southern and China Eastern...

AVIONEWS - World Aeronautical Press Agency - 1103147

AVIONEWS - World Aeronautical Press Agency
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