Air China loses $1.34 billion in 2008 but starts 2009 in black

Air China joined its "big three" rivals in suffering a significant 2008 loss, reporting a CNY9.15 billion ($1.34 billion) deficit under Chinese accounting standards that marked a reversal from the CNY3.7 billion profit in the previous year. China Southern Airlines reported a CNY4.82 billion loss...

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