China Eastern posts 1.2% 1Q net income hike, 12% traffic growth

China Eastern Airlines posted a 2019 first-quarter net income of CNY2 billion ($298 million), a 1.2% increase from CNY1.9 billion in the year-ago quarter. After deducting nonrecurring items, the Shanghai-based carrier’s 1Q net profit was up 2% to CNY1.9 billion. Total 1Q operating costs increased 9...

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