Air China posts US$1.4 billion loss
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Air China has posted a net loss of CNY9.3 billion (US$1.4 billion) for full-year 2008, the BBC has reported.
The loss followed a net profit of CNY4.1 billion the year before, and came despite the carrier’s revenue rising by 3.6% to CNY52.9 billion. The number of passengers carried fell by 1.8% to 68.8 million.
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