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Global Business News

The Economic Times

Global Business / The Economic Times

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Chinas Big Three airlines sink deeper into losses as fuel costs soar

China's three largest state-owned airlines reported substantial first-half losses. Surging jet fuel prices and a weak summer season impacted their financial performance. These carriers experienced significant losses, reversing earlier profits from Lunar New Year demand. Disrupted international routes and elevated fuel prices severely undermined their profit environment. Analysts predict continued losses for these airlines throughout the year.

31 Aug 2026 8:37 am