China's Top Airlines Post Steep Q2 Losses On COVID Curbs

China’s Top Airlines Post Steep Q2 Losses On COVID Curbs

BEIJING/SYDNEY (Reuters) – China’s three biggest airlines posted on Tuesday a combined 28.4 billion yuan ($4.12 billion) second-quarter loss, wider than in the first quarter, due to major travel disruptions including a strict COVID-related lockdown in Shanghai. The country’s policy of localised lockdowns in response to case numbers that are small by global standards has…

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