China Airlines Posts 1Q Loss
AP | Apr. 30, 2007
China Airlines Ltd., the largest airline by revenue in Taiwan, said on April 30 that it swung to a net loss of NT$805.8 million (US$24.41 million) in the first quarter of 2007.
The airline had earned NT$385.2 million in the same quarter a year earlier.
Revenue was NT$28.55 billion, up from NT$27.78 billion a year earlier.
The company didn't elaborate on the reasons for the loss.