01-September-2026
Corporate News
 
China's Three Biggest Airlines Post Heavy First-Half Losses as Fuel Shock Bites
31-Aug-2026

China's three biggest state-owned airlines reported first-half losses for the seventh consecutive year, battered by surging jet fuel prices, with the outlook for the rest of the year clouded by a lacklustre summer season. Air China, China Eastern Airlines and China Southern Airlines posted combined first-half net losses of about 8.2 billion yuan ($1.22 billion), having warned last month the figure could reach as high as 9 billion yuan.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-30/chinas-three-biggest-airlines-post-heavy-first-half-losses-as-fuel-shock-bites