China Eastern Airlines posts 3Q loss

China Eastern Airlines has reported a third-quarter net loss of RMB563 million ($84.1 million) compared with a profit of RMB2.42 billion in the year-ago period. Revenue in the quarter fell 50% to RMB17.17 billion. For the first nine months of 2020, China Eastern’s net loss reached RMB9.105 billion, compared with a profit of RMB4.37 billion in the year before. Passenger numbers dropped 48% to 50.5 million in the nine-month period.