Why it matters
The reported financial pressure affects China’s major airlines. The article provides no specific estimate of effects on U.S. travelers, businesses or fuel costs.
ECONOMY • CHINA
China’s three largest airlines face full-year losses as fuel costs rise
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BLUF
China’s three largest airlines are heading for full-year losses, with higher fuel costs weighing on their finances, according to The Japan Times. The report says jet fuel prices have more than doubled since the U.S. and Israel began a military campaign against Iran in late February.
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