|
BIZCHINA> Reports
![]() |
|
China Eastern Airlines cuts investment to curb losses
(Xinhua)
Updated: 2009-04-16 15:53 China Eastern Airlines has announced that it has slashed costs and investments by more than 800 million yuan ($117.09 million)in the last four months to offset huge losses last year.
However, the company would encourage staff aged 57 or over to retire, but the details of the plan had yet to be finalized, said Li.
The company had also suspended 29 investment projects with a total value of 3.15 billion yuan, including establishing a branch company in Tibet. "There is little room in further cost cutting, but we will try to increase income by expanding our market share," said Li... The full text is available in the April Issue of Logistics China. Please visitpublications for more subscription details. (For more biz stories, please visit Industries)
|
|||||
主站蜘蛛池模板: 济南市| 永春县| 宁乡县| 静海县| 茂名市| 伊宁县| 凌海市| 安庆市| 河南省| 芜湖县| 张北县| 汤阴县| 宝应县| 阿勒泰市| 靖宇县| 尼木县| 铅山县| 平舆县| 阿合奇县| 东源县| 青川县| 阿克陶县| 卓资县| 突泉县| 六安市| 永登县| 藁城市| 临沂市| 洛隆县| 平泉县| 凌源市| 方正县| 沁阳市| 永福县| 志丹县| 宁晋县| 伽师县| 玉田县| 青海省| 六安市| 龙胜| 璧山县| 宁晋县| 祁阳县| 石泉县| 浦县| 东丽区| 义马市| 布拖县| 民丰县| 上高县| 忻城县| 滨海县| 龙门县| 白河县| 尼勒克县| 商都县| 吉林市| 上林县| 浮山县| 花垣县| 南宫市| 安陆市| 德令哈市| 沁水县| 厦门市| 常宁市| 咸阳市| 金秀| 芜湖县| 紫金县| 五指山市| 九龙县| 黄冈市| 高邑县| 叙永县| 南汇区| 大关县| 永定县| 临城县| 娄烦县| 顺义区|