HONG KONG -- China's big three state-owned airlines were not spared when the coronavirus pandemic devastated the global travel industry. Together they racked up 2020 net losses totaling about $5.7 billion, even after an early recovery in domestic traffic.
Transportation
Resilient Chinese exports lift airlines, shipping lines and ports
COVID slashed 2020 passenger numbers, but strong cargo demand helped
Robust cargo shipments last year were a boon for China's big state-owned airlines, shippers, logistics service suppliers and port operators. (Source photos by Reuters and Getty Images)
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