--- title: "CHINA EAST AIR Expects Interim Loss to Widen to Up to RMB2.4B" type: "News" locale: "en" url: "https://longbridge.com/en/news/292693629.md" description: "China Eastern Airlines issued a profit warning, expecting its first-half net loss to widen to RMB1.8-2.4 billion from RMB1.431 billion last year. The increased loss is primarily attributed to soaring oil prices driven by Middle East geopolitical conflicts, which significantly raised fuel costs despite the company's cost-reduction and operational optimization efforts." datetime: "2026-07-15T01:36:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292693629.md) - [en](https://longbridge.com/en/news/292693629.md) - [zh-HK](https://longbridge.com/zh-HK/news/292693629.md) generator: "portal-rs" --- # CHINA EAST AIR Expects Interim Loss to Widen to Up to RMB2.4B CHINA EAST AIR (00670.HK) -0.030 (-0.958%) Short selling $6.53M; Ratio 8.071% issued a profit warning. Based on preliminary calculations under the China Accounting Standards for Business Enterprises, the company expects net loss for 1H26 to range from approximately RMB1.8 billion to RMB2.4 billion, widening from a net loss of RMB1.431 billion in the same period last year. Net loss after excluding non-recurring gains and losses for the period is expected to be approximately RMB2.7 billion to RMB3.3 billion, compared with a net loss of RMB1.759 billion after excluding non-recurring items in the corresponding period last year. CHINA EAST AIR stated that China's economy remained generally stable in 1H26 and the company's development fundamentals stayed solid. However, geopolitical conflicts in the Middle East since March drove oil prices higher, posing major challenges to the aviation industry's operations. Although the company swiftly established a task force to cope with elevated oil prices, adjusted and optimized flight operations, refined yield management, improved utilization of fuel-efficient aircraft models, comprehensively reduced costs and expenses, and revitalized existing assets, the substantial increase in aviation fuel prices significantly raised costs. As a result, the company expects to remain loss-making in the first half of the year.(gc/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-14 16:25.) AASTOCKS Financial News ### Related Stocks - [600115.CN](https://longbridge.com/en/quote/600115.CN.md) - [00670.HK](https://longbridge.com/en/quote/00670.HK.md) ## Related News & Research - [China Eastern Airlines files board, committee membership list with disclosure responsibilities](https://longbridge.com/en/news/294367246.md) - [Hormuz shipping traffic shows no uptick in US-Iran geopolitical stalemate, according to data](https://longbridge.com/en/news/296425786.md) - [Geopolitical risk needs to move away from the 'after-dinner speaker': Eurasia Group and Rio Tinto's Dominic Barton](https://longbridge.com/en/news/296401596.md) - [Best's Market Segment Report: European ‘Big Four’ Reinsurers Maintain Their Profit Targets Despite Volatile Environment](https://longbridge.com/en/news/296443717.md) - [TCM: Q2 2026 revenue rose 7.4%, with improved gross margin but lower EBITA margin; outlook unchanged](https://longbridge.com/en/news/296439870.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**