FlightGlobal
• Alfred Chua
China’s “Big Three” set for steeper H1 losses as fuel costs soar
Air China, China Eastern and China Southern reported first-quarter profitability, but forecast heavy losses for the first half as significantly higher fuel costs create a “formidable” challenge. The carriers’ divergence between Q1 earnings and H1 guidance underscores how fuel volatility is resetting margins for China’s largest airlines.
