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Chinese Civilian Aviation records loss in the first mid-2006

Beijing, China - Deficit equal to USD 80 million

General Administration of Civilian Aviation of the People’s Republic of China in the first mid-2006 has reported losses equal to 640 million of yuan, about USD 80 m. The entries have reached 102.920 million of yuan, about USD 12.860 in first six months of 2006, equal to an increasing of the 20.6% respect the same period of the 2005. Moreover, the increasing of oil price has taken the costs of Chinese C...

AVIONEWS - World Aeronautical Press Agency - 145770

AVIONEWS - World Aeronautical Press Agency
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