Air China Swings Back to Profit on Strong First-Quarter 2026 Performance

Air China ( (HK:0753) ) just unveiled an update.

Air China reported a sharp turnaround in its first-quarter 2026 results, with revenue rising 11.28% year on year to RMB 44.54 billion and net profit attributable to shareholders swinging to RMB 1.71 billion from a loss a year earlier. Profitability metrics improved markedly, including a weighted average return on net assets of 3.96% versus a negative figure previously, while operating cash flow increased nearly 10%, signaling stronger underlying operations and a firmer financial footing for the airline after prior losses.

Basic and diluted earnings per share climbed to RMB 0.10 from a negative RMB 0.12, and net profit after excluding non-recurring items also turned positive, underscoring that the recovery was driven by core business performance rather than one-off gains. Total assets remained broadly stable at about RMB 344.27 billion, but shareholders’ equity rose 3.38%, suggesting gradual balance sheet strengthening that may support future investment capacity and enhance confidence among investors and other stakeholders in the company’s ongoing recovery trajectory.

The most recent analyst rating on (HK:0753) stock is a Sell with a HK$4.10 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.

More about Air China

Air China Limited is a major Chinese airline operating as a joint stock company with limited liability in the People’s Republic of China. Listed in Hong Kong under stock code 00753, the carrier focuses on commercial air passenger and cargo services and is a key player in China’s aviation market.

Average Trading Volume: 34,030,817

Technical Sentiment Signal: Sell

Current Market Cap: HK$121.2B

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