
Air China Posts 2025 Loss, Halts Dividend Amid Cost Pressures

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Air China reported a net loss of RMB1.79 billion for 2025, despite a revenue increase to RMB171.5 billion. The airline has halted dividends due to rising costs, including employee expenses and maintenance. The board's decision reflects ongoing earnings pressure and a cautious approach to capital returns amid high financing costs and volatile fuel prices. Analysts rate the stock as a Hold with a price target of HK$7.00, indicating challenges in fleet expansion and a prolonged recovery period before profitability can be restored.
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