News
Air China posts US$1.2 billion quarterly loss
October 31st 2022
Air China recorded a net loss for the three months to September 30 of 8.7 billion yuan (US$1.2 billion) against a 3.5 billion yuan net loss in the same months in 2021. Read More » Revenue fell 8.4%, to 18.1 billion yuan, Air China informed the Stock Exchange of Hong Kong late last week. The Star Alliance airline’s trading update cited sporadic outbreaks of COVID-19 in China, the rising aviation fuel price and a fluctuation in exchange rates for the result.
