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China's top three airlines head for full-year losses as fuel costs weigh

BEIJING/HONG KONG: China's three biggest airlines are on track for full-year losses after posting far weaker third-quarter results than last year as surging jet fuel costs, weak domestic fares and typhoon disruptions hit what is normally their most profitable period.

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受燃油成本上涨影响,中国三大航空公司全年或将出现亏损。

An Air China Boeing 737 MAX 8 taxis in front of an Air China Boeing 787-9 Dreamliner at Beijing Capital Airport in Beijing on May 8. - Photo: AFP

BEIJING/HONG KONG: China's three biggest airlines are on track for full-year losses after posting far weaker third-quarter results than last year as surging jet fuel costs, weak domestic fares and typhoon disruptions hit what is normally their most profitable period.

Air China and China Eastern Airlines are heading for a seventh consecutive annual net loss since the COVID-19 pandemic, according to analyst estimates compiled by LSEG.

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