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Bigger loss outlook
January 20, 2009, Tuesday
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Print Edition
Print Edition
SHANGHAI Airlines Co yesterday said its total loss last year will be more than double a loss of 435 million yuan in 2007 because of fuel hedging costs.
The carrier made a paper loss of 170 million yuan (US$25 million) on fuel-hedging last year, it said.
The carrier made a paper loss of 170 million yuan (US$25 million) on fuel-hedging last year, it said.
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