China's aviation industry suffers US$4.9b loss in 2Q on Covid-19 jolt

China's aviation industry suffers US$4.9b loss in 2Q on Covid-19 jolt

The Star Online - Business·2020-07-10 12:27

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BEIJING: China's aviation industry sank further into the red, losing 34.25 billion yuan ($4.89 billion) in the second quarter, only slightly narrower than in the first quarter, underlining the colossal financial impact from the coronavirus pandemic.

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