SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »China’s big three airlines face $1.3bn losses
Bloomberg China’s three biggest airlines are poised to report losses totaling 8.5 billion yuan ($1.3 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 China Ltd. may face 3 billion yuan in foreign-exchange losses, while China Southern Airlines Co., ...
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