China's three biggest airlines face 8.5b yuan currency losses

Tue, Aug 30, 2016 - 5:50 AM

Hong Kong

CHINA'S three biggest airlines are poised to report losses totalling 8.5 billion yuan (S$1.73 billion) from currency swings this year as a weaker yuan proves a drag amid rising traffic and cheaper fuel. The silver lining: The losses are narrowing.

Flagship carrier Air...

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