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Chinese airlines report 33.62b yuan loss in Q1 as virus erodes travel demand

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Chinese airlines reported a total loss of 33.62 billion yuan (S$6.74 billion) in the first quarter as the coronavirus pandemic hit travel demand, the aviation regulator said on Wednesday.

[BEIJING] Chinese airlines reported a total loss of 33.62 billion yuan (S$6.74 billion) in the first quarter as the coronavirus pandemic hit travel demand, the aviation regulator said on Wednesday.

In February, the airlines suffered a record loss of 20.96 billion yuan as large parts of...

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