Chinese Airlines Likely to Post Deeper 1H Losses

Dow Jones13:00

0500 GMT - Mainland Chinese airlines are expected to post deeper 1H losses compared with a year ago due to fuel pressures, HSBC analysts write in a note. Though jet fuel is down 54% since the peak of the Middle East conflict, it still remains higher than the pre-war average, they write. The divergence between the Big 3--Air China, China Southern and China Eastern--and Cathay Pacific is deepening, with Cathay expected to log a profit for 1H on robust premium demand and cargo yields, they say. "The question is no longer whether fuel is falling, but whether it declines quickly enough to restore profitability for the Big 3 before peak summer demand fades," they add. HSBC retains a buy rating on Cathay and a hold for the Big 3's A and H shares. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

July 10, 2026 01:00 ET (05:00 GMT)

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The divergence between the Big 3--<a href=\"https://laohu8.com/S/AICAF\">Air China</a>, <a href=\"https://laohu8.com/S/003035\">China Southern</a> and China Eastern--and Cathay Pacific is deepening, with Cathay expected to log a profit for 1H on robust premium demand and cargo yields, they say. \"The question is no longer whether fuel is falling, but whether it declines quickly enough to restore profitability for the Big 3 before peak summer demand fades,\" they add. HSBC retains a buy rating on Cathay and a hold for the Big 3's A and H shares. (kimberley.kao@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2026 01:00 ET (05:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Airlines Likely to Post Deeper 1H Losses</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Airlines Likely to Post Deeper 1H Losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-10 13:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0500 GMT - Mainland Chinese airlines are expected to post deeper 1H losses compared with a year ago due to fuel pressures, <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> analysts write in a note. Though jet fuel is down 54% since the peak of the Middle East conflict, it still remains higher than the pre-war average, they write. The divergence between the Big 3--<a href=\"https://laohu8.com/S/AICAF\">Air China</a>, <a href=\"https://laohu8.com/S/003035\">China Southern</a> and China Eastern--and Cathay Pacific is deepening, with Cathay expected to log a profit for 1H on robust premium demand and cargo yields, they say. \"The question is no longer whether fuel is falling, but whether it declines quickly enough to restore profitability for the Big 3 before peak summer demand fades,\" they add. HSBC retains a buy rating on Cathay and a hold for the Big 3's A and H shares. (kimberley.kao@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2026 01:00 ET (05:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0280","symbol_name":"航空运输","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2650012579","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650012579","pubTimestamp":1783659600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0500 GMT - Mainland Chinese airlines are expected to post deeper 1H losses compared with a year ago due to fuel pressures, HSBC analysts write in a note. Though jet fuel is down 54% since the peak of the Middle East conflict, it still remains higher than the pre-war average, they write. The divergence between the Big 3--Air China, China Southern and China Eastern--and Cathay Pacific is deepening, with Cathay expected to log a profit for 1H on robust premium demand and cargo yields, they say. \"The question is no longer whether fuel is falling, but whether it declines quickly enough to restore profitability for the Big 3 before peak summer demand fades,\" they add. HSBC retains a buy rating on Cathay and a hold for the Big 3's A and H shares.  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Though jet fuel is down 54% since the peak of the Middle East conflict, it still remains higher than the pre-war average, they write. The divergence between the Big 3--Air China, China Southern and China Eastern--and Cathay Pacific is deepening, with Cathay expected to log a profit for 1H on robust premium demand and cargo yields, they say. \"The question is no longer whether fuel is falling, but whether it declines quickly enough to restore profitability for the Big 3 before peak summer demand fades,\" they add. HSBC retains a buy rating on Cathay and a hold for the Big 3's A and H shares. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 10, 2026 01:00 ET (05:00 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650012579","isCrawlerRequest":true}