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Air China Warns of Larger 2025 Net Loss Despite Operational Improvements

Story Highlights
  • Air China expects a 2025 net loss of RMB1.3–1.9 billion, deeper after one-offs.
  • Despite stronger operations and cost control, deferred tax asset reversals keep Air China in loss.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Air China Warns of Larger 2025 Net Loss Despite Operational Improvements

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Air China ( (HK:0753) ) has issued an announcement.

Air China has issued a profit warning for the 2025 financial year, stating that it expects to post a net loss attributable to equity holders of approximately RMB1.3 billion to RMB1.9 billion, and a deeper loss of around RMB1.9 billion to RMB2.7 billion after excluding non-recurring items. While the airline reports that China’s economy and the aviation industry continued to grow in 2025 and highlights improvements in operational efficiency, revenue growth and cost control, its bottom line remains in the red, partly due to a reassessment and partial reversal of deferred tax assets under PRC accounting standards. The projected loss compares with a smaller net loss attributable to equity holders of RMB0.237 billion in the previous year, underscoring ongoing profitability pressures despite operational gains, and the company has cautioned investors to be mindful of investment risks pending the release of its audited 2025 annual report.

More about Air China

Air China Limited is a major Chinese airline operating as a joint stock limited company incorporated in the People’s Republic of China. Listed in Hong Kong, it provides passenger and cargo air transport services and is a key player in China’s aviation sector, with its performance closely tied to domestic economic conditions and the broader recovery and growth of the aviation industry.

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