HONG KONG -- China's three major state-owned airlines continue to lag far behind their private peers in financial performance, earnings previews show, even as mainland passengers and cargo transport record double-digit growth.
Transportation
China's big three state airlines lag behind profitable private peers
Earnings previews show trio losing $1bn despite double-digit passenger growth
Juneyao Airlines, top, and Air China are on different earnings trajectories. (Source photos by Getty Images and Reuters)
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