Bei Jing Shang Bao·2025-08-31 04:54Core Viewpoint - The three major airlines in China have collectively reduced their losses by 2.008 billion yuan in the first half of 2025, with international routes being a key factor for performance improvement [1][3]. Financial Performance - The total loss for the three major airlines in the first half of 2025 was 4.77 billion yuan, a reduction of 2.008 billion yuan year-on-year [3]. - Air China reported a revenue of 80.757 billion yuan, a year-on-year increase of 1.56%, with a net loss of 1.806 billion yuan, reduced by 976 million yuan [2][3]. - Eastern Airlines achieved a revenue of 66.822 billion yuan, up 4.09% year-on-year, with a net loss of 1.431 billion yuan, reduced by 1.337 billion yuan [2][3]. - Southern Airlines reported a revenue of 86.291 billion yuan, a 1.77% increase, but a net loss of 1.533 billion yuan, which is an increase in loss by 305 million yuan [2][3]. International Route Performance - International passenger revenue for the three airlines saw significant growth, with Air China's international revenue up 16.09%, Eastern Airlines up 20.34%, and Southern Airlines up 15.74% [7]. - Eastern Airlines expanded its international route network by opening 14 new international routes, becoming the domestic airline with the most international destinations [7]. - The capacity and passenger turnover for international routes increased significantly, with Eastern Airlines' international capacity up 24.38% and passenger turnover up 28.74% [7]. Cost Management - The three airlines managed to keep their cost increases below 5% year-on-year, with specific increases of 1.14% for Air China, 3.27% for Eastern Airlines, and 0.17% for Southern Airlines [11]. - The decline in fuel prices contributed to a significant reduction in fuel costs, with Air China, Eastern Airlines, and Southern Airlines seeing decreases of 10.34%, 8.08%, and 9.15% respectively [11]. - Eastern Airlines implemented a cost management committee to enhance control over major costs, achieving a 9.5% reduction in average bridge time at major airports [12]. Future Strategies - The airlines plan to capitalize on the traditional peak season for cargo and explore new routes, including Southern Airlines' focus on the South American market [13][15]. - Eastern Airlines aims to enhance its network layout and increase domestic and international flight offerings, particularly targeting emerging markets in the Middle East, Africa, and South America [15].