Quarterly Financials For China’s Major Airlines, Q1 2019-Q1 2024
China Southern Airlines Boeing 787
Credit: China Southern Airlines
Financial results for the first quarter (Q1) of 2024 for China’s “Big Three” commercial carriers reveal a strong period for operational revenues—superior to Q1 2019 for all three—but also net losses for two of the operators. Air China reported Q1 2024 revenue of CNY40.1 billion ($5.6 billion)—up 60%...
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