China Eastern Airlines posts narrower quarterly loss of 1.4b yuan

China Eastern said Monday its net loss attributable to shareholders narrowed to 1.4b yuan ($216.46m) from 3.8b yuan in Q1. In the first half, China Eastern Airlines’ net loss amounted to 5.2b yuan. Revenue for the Shanghai-based carrier rose 38.13% on the year to 34.7b yuan in the first half, in line with growing demand for travel as the Chinese economy continued to recover amid very few COVID-19 cases. <br/>
Reuters
https://www.reuters.com/article/idUSL4N2Q117W
8/30/21