日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Economy

Markets

Industries

Insights

Reports

Events

Air China's third quarter loss hits 1.94b yuan

(Xinhua)
Updated: 2008-10-29 14:47

Air China, the country's leading carrier, recorded losses of 1.94 billion yuan ($284 million) in the third quarter as against profits of 2.187 billion yuan for the same period last year.

According to the quarterly report the company released on Wednesday, higher fuel costs, as a result from price hikes for oil on international markets, and lower returns on investments due to a bearish run on capital markets, accounted for the losses.

Lower demand for services was also blamed for the unsatisfactory performance.

The company's losses in the first three quarters of this year were 657 million yuan, as against profits of 3.488 billion yuan for the same period last year.