China Eastern reports 25% drop in net income in 2013

Credit: By Rob Finlayson
China Eastern Airlines reported net income of CNY2.38 billion ($386 million) in 2013, down 25% compared to net profit of CNY3.17 billion in 2012. Full-year operating revenue rose 1.9% to CNY88 billion while expenses increased 6% to CNY80.34 billion. Fuel costs were up 2.7% to CNY30.68 billion in...

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