AERO TRADING GROUP Corp

China Southern Airlines expects a loss for 2021

China Southern Airlines expects a loss for 2021 China Southern Airline has stated that it expects to record a loss in the results for the year of 2021, and a net loss of approximately RMB11.3 billion to RMB12.8 billion. The net loss is estimated to be approximately RMB11.7 billion to RMB13.5 billion. In 2021, the passenger capacity (measured by available seat kilometres) and revenue passenger kilometres decreased by 0.37% and 0.66% year-on-year respectively, and decreased by 37.8% and 46.5%, respectively as compared with 2019. The airline stated that he international routes continued to be sluggish due to the impact of the pandemic, and the passenger capacity and revenue

Leave a Reply

Your email address will not be published. Required fields are marked *