Independent journal on economy and transport policy
15:10 GMT+2
China's airlines report $67.5 million in operating losses
(The Nando Times)
July 31, 2000
Agence France-Presse
BEIJING (July 30, 2000 12:43 a.m. EDT http://www.nandotimes.com) - China's airlines chalked up some 560 million yuan ($67.5 million) in operating losses in the first half of the year. Meanwhile, the country's leading airline administrative body urged further reforms to an industry struggling with overcapacity and red ink.
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