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China Southern losses deepen over “multiple shocks”

China Southern losses deepen over “multiple shocks”

by Richard Schuurman | Jan 30, 2023 | Airlines | 0 comments

China Southern Airlines’ net loss for FY22 has significantly deepened compared to the previous year. The carrier said on January 30 that based on preliminary information, the loss will be RMB -30.3 billion compared to RMB -12.1 billion in 2021. China Southern is...
Losses China’s Big Three deepen but capacity is set to recover

Losses China’s Big Three deepen but capacity is set to recover

by Richard Schuurman | May 4, 2022 | Airlines | 0 comments

Air China, China Eastern, and China Southern Airlines all reported deepening losses for the first quarter of the year. With many cities and regions in strict lockdowns, the Big Three were confronted with a significant drop in traffic. Although restrictions continue,...

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