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China Eastern Airlines Corporation Limited (600115.SS)

Shanghai - Shanghai Delayed Price. Currency in CNY
3.6400+0.0300 (+0.83%)
At close: 03:00PM CST
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    China's top airlines post losses amid slow international travel

    BEIJING (Reuters) -China's leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected rebound in international travel, domestic oversupply, and more intense competition as aviation capacity returns globally. China's top three airlines - Air China, China Southern Airlines and China Eastern Airlines - last reported annual net profits in 2019 before the COVID-19 pandemic took hold. China Eastern, headquartered in Shanghai, reported a first-half loss of 2.8 billion yuan ($395 million) on Friday, compared with a loss of 6.2 billion in the same six months of last year.