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Business trends

Chinese aviation companies begin to count losses

Midsize Shandong Airlines fears 1st quarter net loss of up to $99m due to coronavirus

Shandong Airlines expects a first quarter net loss of at least 500 million yuan after the impact of the coronavirus.

TOKYO -- Chinese aviation companies have begun to count their coronavirus losses, with severe profit warnings from smaller listed airlines expected to be followed by similar announcements at larger peers.

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