China's biggest airline on Saturday reported less severe losses in the second quarter as domestic travel picks up with the coronavirus outbreak ...
BEIJING: China's biggest airline on Saturday reported less severe losses in the second quarter as domestic travel picks up with the coronavirus outbreak brought largely under control.AdvertisementIt allowed for a tentative return of business and tourist travel within its borders, even as the virus wreaked havoc elsewhere.
"The COVID-19 pandemic has exerted a long-term and profound impact globally," the company said in its results announcement, predicting further uncertainty. The country's second largest carrier China Eastern Airlines bucked the trend, however, with larger losses in the April to June quarter of 4.6 billion yuan than the 3.6 billion yuan in the first three months of the year.
About 10 Chinese airlines have launched unlimited-flight deals to boost demand since the virus was stamped out through strict lockdowns, contact tracing and close monitoring of neighbourhoods.
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