Air China reported RMB 3.43 billion loss: what it means for Air China stock

Published on 10/13/2026 at 06:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 10.54 percent, but Air China lost RMB 3.43 billion. Air China stock was EUR 0.41 on October 12, 2026, with results due October 30, 2026.

Key points in brief

Air China reported a RMB 3.43 billion loss for the first half of 2026 while revenue rose 10.54 percent year over year.
Passenger load factor increased to 84.74 percent from 80.72 percent in the same period of 2025.
Air China stock was last at EUR 0.41 at Lang & Schwarz on October 12, 2026.
The next earnings date is October 30, 2026.

Air China, CNE1000001S0, Illustration mit AI erstellt.

Air China reported a RMB 3.43 billion loss for the first half of 2026 even as revenue rose 10.54 percent year over year. The figures, published in the interim report dated September 28, 2026, show why higher traffic has not yet translated into positive earnings, according to TradingView News.

What does the loss mean?

Air China recorded revenue of RMB 89.27 billion for the six months ended June 30, 2026, versus RMB 80.76 billion a year earlier. The loss attributable to equity shareholders widened to RMB 2.29 billion from RMB 1.80 billion, while operating expenses increased 12.38 percent to RMB 95.60 billion, the interim report said.

Fuel was the central cost pressure. Jet fuel expenses rose 34.69 percent year over year to RMB 32.77 billion in the first half, according to Moomoo. That increase outpaced revenue growth and helps explain the gap between stronger demand and weaker profitability.

Traffic improved before earnings

Air China carried 79.70 million passengers in the first half, up 3.35 percent from the same period of 2025. Passenger load factor reached 84.74 percent, compared with 80.72 percent a year earlier, while available seat kilometers increased 1.75 percent.

Air China also reported August operating data on September 15, 2026, with passenger traffic up 11 percent year over year, according to Marketscreener. The operating trend is therefore stronger than the income statement, but the cost base remains the key earnings variable.

Three dated operating milestones

On March 5, 2026, Air China changed one top management role by appointing Qu Guangji as president. In June 2026, the company completed a share issuance that raised RMB 20.00 billion. On September 28, 2026, the interim report recorded RMB 89.27 billion of first-half revenue and a RMB 3.43 billion loss, according to TradingView News.

Next date and stock context

The next earnings date is October 30, 2026, according to Investing.com. Air China was last at CNY 5.73 on the Shanghai Stock Exchange on October 13, 2026 at 11:29 a.m. CST, with a 52-week range of CNY 5.68 to CNY 9.45 and market capitalization of CNY 99.6 billion.

Air China stock was last at EUR 0.41 at Lang & Schwarz on October 12, 2026 at 10:57 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Air China stock.