The country where the disease first emerged last year has reported no new deaths since May -- allowing for a tentative return of business and tourist travel within its borders, even as the virus wreaks havoc elsewhere.
"The Covid-19 pandemic has exerted a long-term and profound impact globally," the company said in its results announcement, predicting further uncertainty. Flag carrier Air China reported total first-half losses of 9.4 billion yuan, with the second-quarter loss of 4.6 billion only slightly lower than 4.8 billion posted in the first quarter.
This was thanks to an aggressive pricing policy that drew travellers back to the airline but resulted in lower margins.
Source: Holiday News (holidaynews.net)
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