Major Chinese Carriers Lose Billions In Difficult H1 Environment

China
Credit: Joe Pries
The eight major Chinese carriers posted a combined loss of CNY69.8 billion ($10.1 billion) for the first half (H1) of 2022 as Beijing’s strict zero-COVID policy dragged almost into its third year. No Chinese major has returned to profitability after a short “honeymoon period” in late 2020. The same...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

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