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HSBC has widened its loss estimates for Chinas three largest state-owned carriers, while forecasting a full domestic travel recovery by 2023.The Big Three 鈥?comprising Air China, China Eastern Airlines and China Southern Airlines 鈥?are now forecast to report a cumulative full-year loss of CNY24 billion $3.7 billion for 2021. This compares to HSBCs earlier forecast of CNY12 billion.Source: Wikimedia Commons This reflects our cautious view on a recovery in international travel, lower domestic pax and yield, and cost pressures partially offset by strong cargo, HSBC states.The HSBC Global Research report, dated 12 August, comes as China battles a resurgence in coronavirus infections from the more contagious Delta variant.The bank notes that the latest wave 鈥?the fifth major infection wave in the Chinese mainland 鈥? has disrupted the domestic summer peak season travel , and affected domestic recovery momentum.Still, HSBC believes that the Chinese authorities will move in to swiftly contain the latest outbreak 鈥?as they have on previous occasions 鈥?and this will allow a sharp recovery on the domestic front. Increased vaccination rates will also likely render any future outbr
stanley mugs eaks less painful than the past, they add.However, the latest infection wave 鈥?traced back to Nanjing airport cleaning staff working on an Air China air
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stanley cup raft from Moscow 鈥?will further push out prospects of China reopening its international borders. The Delta variant continues to spread across Asia with Wdxv Volocopter lands order for 150 eVTOLs from China joint venture
HOWELL, Mich. AP 鈥?Days after a routine injection to ease back pain, Donna Kruzich and a friend drove across the border to Canada in 2012 to see end-of-summer theater in Stratford, Ontario.The 78-year-old Michigan woman suddenly became ill and returned home. By early October, she was dead. Most of the time she could not communicate with us. She was basically in a coma, son Michael Kruzich recalled. We knew she had meningitis 鈥?but we didn ;t know how she got it.Evidence soon emerged: Donna Kruzich was one of at least 64 people in the U.S. who died because of tainted steroids made by a special
stanley cups uk ty pharmacy in Massachusetts. Nearly 12 years later, the operator of New England Compounding Center is returning to a Michigan court Thursday for his sentence for involuntary manslaughter.Barry Cadden already is serving a 14 1/2-year sentence for federal crimes related to the extraordinary outbreak of fungal infections, which was traced to dirty conditions inside the lab and caused meningitis and other debilitating illnesses. More than 700 people in 20 states were sickened, acco
stanley mexico rding to the U.S. Centers for Disease Control and Prevention.Michigan is the only state that charged Cadden and a key employee, pharmacist Glenn Chin, in any deaths.Cadden, 57, recently pleaded no contest to 11 counts of involuntary manslaughter in a deal that took second-degree murder charges off the table. Prosecutors also agreed to a minimum prison term of 10 years, which will run at the same
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