Shanghai - Delayed Quote CNY

SOUTHERN AIRLINES (600029.SS)

6.09

-0.04

(-0.65%)

At close: May 30 at 3:00:00 PM GMT+8

China's largest airlines deepen losses in first quarter as competition, US tariffs to weigh

BEIJING (Reuters) -China's three biggest airlines reported deeper first-quarter losses on Tuesday from the same period a year ago, amid intensifying competition and economic pressures on consumers, and a worsening trade war with the United States. State-owned China Southern Airlines, Air China, and China Eastern have struggled to return to a break-even position after the COVID-19 pandemic, posting five consecutive years of annual losses. China said on Tuesday its airlines had been severely affected by the trade war between Washington and Beijing.

Reuters last month

CHNEY

AIRYY

CHKIF
Three Value Stocks Estimated Below Intrinsic Worth For January 2025

As global markets navigate a choppy start to the year, with inflation concerns and political uncertainties weighing on investor sentiment, value stocks have demonstrated relative resilience compared to their growth counterparts. In this environment, identifying stocks that are trading below their intrinsic worth can offer potential opportunities for investors seeking stability and long-term growth amidst market volatility.

Simply Wall St. 4 months ago

CHKIF

6066.HK

0325.HK
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.

Reuters 8 months ago

AICAF

CHKIF

CHNEY

Performance Overview

Return	600029.SS	SSE Composite Index (000001.SS)
YTD	-6.16%	-0.13%
1-Year	+3.22%	+8.27%
3-Year	-5.87%	+6.30%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

SOUTHERN AIRLINES (600029.SS)

China's largest airlines deepen losses in first quarter as competition, US tariffs to weigh

Three Value Stocks Estimated Below Intrinsic Worth For January 2025

China's top airlines post losses amid slow international travel

Performance Overview