Reported about 7 hours ago
China's major airlines, including Air China and China Southern Airlines, reported narrowed but significant losses in the first half of 2025 due to a surplus in capacity and low fare prices. Despite a seasonal peak in travel, average domestic ticket prices have decreased compared to previous years, indicating ongoing challenges for the sector's recovery post-pandemic. Analysts suggest that issues like competition from high-speed rail and slow growth in international travel continue to hinder profitability. China Eastern Airlines is expected to report a loss soon, amid inquiries into former leadership misconduct.
Source: YAHOO