China Southern Profit Declines as Spring Air, Hainan Advance

Updated on
  • Asia’s top carrier reports 1.5 billion yuan currency loss
  • Passenger yields under pressure amid competition, expansion

China Southern Reports $225M Loss on FX Swings

China Southern Airlines Co., Asia’s biggest by passengers, said its profits were dented by the yuan’s depreciation while two of the country’s largest private carriers reported an increase in earnings amid a surge in travel.

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