China's big three airlines lose up to $1.33bn amid Middle East war

CompaniesLong-struggling China Southern, Air China and China Eastern all blame fuel pricesA China Southern Airlines Airbus A321 plane is towed at Changi Airport in Singapore: The carrier expects to post the biggest loss among the country's big three. © ReutersKENJI KAWASEJuly 15, 2026 15:21 JSTTOKYO -- China's big three state-owned airlines expect to report deeper first-half net losses than last year, mainly due to higher fuel prices as the war in the Middle East drags on.Read NextLatest on Companies