China Eastern Airlines posted a first-half net income of CNY2 billion ($28 million), down 14.8% from CNY2.35 billion in the year-ago period, as increased fuel costs, fluctuating currency rates and global trade disputes increased expenses. Revenue was up 8% year-over-year (YOY) to CNY58.8 billion, but expenses rose 9.3% to CNY52.2 billion. On top of a 9% hike in fuel costs, airport landing fees rose 10.5% and employee costs were up 13.9% as the carrier’s network and staff grew. The ...

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