On September 1, 2026, Nikkei Asia reported that in the second quarter of 2026, China's three major state-owned airlines — Air China, China Southern Airlines and China Eastern Airlines — posted prominent losses amid rising oil prices and exchange rate fluctuations because they had done almost no jet fuel hedging.
Evidence EVIDENCE
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李老师不是你老师TG
2026-10-04 06:12 · 🖼 9月1日，据《日经亚洲》报道，2026年第二季度，亚洲主要上市航空公司普遍受到油价上涨和汇率波动冲击。其中中国三大国有航空公司南航、国航、东航亏损尤其...
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路透（The Star转载）：China's three biggest airlines post heavy first-half losses
2026-10-07 23:04 · Unlike many Asian and European rivals, Chinese airlines hedge little of their fuel purchases, leaving them more exposed
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Context CONTEXT
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This event
Nikkei Asia Reports China's Three Major State-Owned Airlines Suffered Heavy Losses in Q2 Due to Not Hedging Jet Fuel Prices
2026.08.31 · Reported
Effect
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