COVID lockdowns in China hit top-three airlines hard – all post major Q2 losses
China’s three largest carriers, Eastern Airlines, Air China and China Southern Airlines have posted a combined Q2 2022 loss of 28,4 billion yuan, which was even greater than the substantial loss posted for the first quarter. The primary reason for such losses has been the ultra-strict lockdowns imposed as the COVID-19 pandemic lingers on in […]
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