2H21 results ahead of expectations What's new? China Southern Airlines (CSA) announced full-year net loss of RMB12.1bn, in line with its profit warning range of RMB11.3-12.8bn; however, barring asset impairment losses of RMB2.6bn, CSA's core net losses would have surpassed expectations Wider net losses in 2H21 primarily driven by lower air passenger traffic amid sporadic lockdowns […]

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