Air China Reports First-Half GAAP Loss Amid Revenue Growth
In the first half of 2026, Air China reported a loss per share (GAAP) of -RMB 0.13 and revenue of RMB 89.27 billion, representing a year-over-year increase of 10.5%. Despite rising revenues, the company posted an operating loss due to ongoing challenges in its aviation business. The carrier saw improvements in operational metrics during the period, with passenger load factor reaching 84.74%, up by 4.02 percentage points compared to last year. Additionally, available seat kilometers (ASK) increased by 1.75% and revenue passenger kilometers (RPK) rose by 6.82%. These figures indicate a gradual recovery in demand for air travel. The results reflect the broader industry's struggle with profitability amid rising costs and fluctuating demand.
Tickers: $AIRYY
Topics: airline industry passenger load factor revenue growth