Asia/Pacific

Chinese airlines predict losses of 103 bn yuan for 2022

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Chinese airlines predict losses of 103 bn yuan for 2022

The three big airlines in China have predicted losses of over $14.8 bn for 2022 due to pandemic, high fuel prices and depreciation of the yuan against the US dollar. Air China predicted that the loss would be around 37 to 39.7 billion yuan, followed by China Eastern Airlines' loss of 36 to 39 billio...

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