China's big 3 airlines warn of up to $6bn in losses for 2020

Despite heavy hit, state-owned trio poised to top global air passenger ranking

20210129N China Southern

A China Southern Airlines Airbus A380 plane to Guangzhou prepares for takeoff at Daxing International airport in Beijing. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- While benefiting from a faster recovery in domestic travel than other international carriers, China's three big state-owned airlines warned Friday that they expect combined net losses of up to $6 billion for 2020.

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