China Southern Airlines Posts H1 2026 Loss Forecast of 3.473-3.973 Billion Yuan

According to Zhitong Finance, China Southern Airlines (01055) issued a profit warning on July 14, forecasting net loss attributable to shareholders of 3.473 billion to 3.973 billion yuan for H1 2026, with non-recurring loss between 4.480 billion and 4.980 billion yuan. The airline attributed the expected loss primarily to a sharp surge in aviation fuel costs due to volatile international geopolitical conditions from March onwards, despite improved operational performance in Q1 driven by strong spring travel demand and network optimization.
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