Hong Kong/Beijing: China's three biggest state-owned airlines reported first-half losses for the seventh consecutive year, battered by surging jet fuel prices, with the outlook for the rest of the year clouded by a lacklustre summer season.
Air China, China Eastern Airlines and China Southern Airlines posted combined first-half net losses of about 8.2 billion yuan ($1.22 billion), having warned last month the figure could reach as high as 9 billion yuan.
