GUANGZHOU -- Aggregate net profit at three major Chinese airlines fell 34% in 2018, the first drop in five years, as higher fuel costs offset healthy demand for Asian travel.
Soaring fuel prices and weak yuan take a bite out of earnings

A delivery ceremony for the first Boeing 737 Max 8 passenger jet, which was grounded after two crashes, for Air China last year. © Reuters
GUANGZHOU -- Aggregate net profit at three major Chinese airlines fell 34% in 2018, the first drop in five years, as higher fuel costs offset healthy demand for Asian travel.