Home » China Southern Airlines: Weak recovery in the passenger market is expected to have a net loss of 11.3 billion yuan to 12.8 billion yuan in 2021 – yqqlm

China Southern Airlines: Weak recovery in the passenger market is expected to have a net loss of 11.3 billion yuan to 12.8 billion yuan in 2021 – yqqlm

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China Southern Airlines: Weak recovery in the passenger market is expected to have a net loss of 11.3 billion to 12.8 billion yuan in 2021

2022-01-28 22:38

Source: Securities Times e Company

Author: Zheng Zaojin

Securities Times · e company

Zheng Zaojin

2022-01-28 22:38

Securities Times e Company News, China Southern Airlines announced on the evening of January 28 that it is expected that the company will lose money in 2021, with a net loss of 11.3 billion to 12.8 billion yuan. During the reporting period, the impact of the new crown epidemic continued, foreign epidemics have not been effectively controlled, and domestic epidemics were scattered sporadically. The company effectively carried out normalized epidemic prevention and control, seized market opportunities, and took multiple measures to increase passenger and freight revenue and lean cost control. , make every effort to reduce the losses caused by the epidemic. However, due to the impact of the epidemic, the willingness of passengers to travel is still relatively sluggish, and the recovery of the passenger transport market is sluggish.

Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.

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    China Southern Airlines: Weak recovery in the passenger market is expected to have a net loss of 11.3 billion to 12.8 billion yuan in 2021

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