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2024 H1 China Four Major Airlines Incur Losses

An Air China Boeing 737-800 is being seen next to the Nanjing Lukou Airport terminal in Nanjing, China, on July 18, 2024. According to the financial report, in the first half of 2024, the four major airlines, Air China, China Eastern Airlines, China Southern Airlines, and Hainan Airlines, are still expecting to lose money, with the loss of the four airlines being about 600 million yuan to 3 billion yuan. (Photo by Costfoto/NurPhoto)

airlines loss Nanjing China July 18 2024 Air China Boeing 737-800 Nanjing Lukou Airport terminal Jiangsu province financial report first half of 2024 major airlines China Eastern Airlines China Southern Airlines Hainan Airlines loss money 600 million yuan 3 billion yuan Costfoto NurPhoto aviation airline industry economic impact financial loss passenger aircraft commercial aviation airline operations Chinese airlines aviation sector economic downturn airline finances aviation market airline profitability aviation industry challenges.