Industrials Sep 10, 2020 09:01 AM (GMT+8) · EqualOcean
According to Guotai Junan Securities (国泰君安证券), the loss for the China Eastern Airlines was CNY 8.54 billion in the first half of 2020, lower than the expectation. Moreover, its operating costs were also decreased by about 45.3%. According to the first-half results, passenger numbers are the key to recover the profits. Hence, the government should support domestic travel more in the future.