China's three biggest airlines projected to post full-year losses in 2026

Air China, China Eastern and China Southern each lost money in the first nine months of 2026. Third-quarter profits plunged at Air China and China Eastern, while China Southern posted a quarterly loss. The carriers said higher jet fuel prices hurt their results, and domestic fares were weak. Analyst estimates project full-year losses for all three; those annual figures are forecasts, not reported results.