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China’s biggest airlines report early hit from virus outbreak

02/17/2020| 5:24:14 PM|

Air China slipped 2.9%, China Southern Airlines fell 4.6% and China Eastern Airlines dropped 5.4% from a year earlier.

China’s three largest airlines reported declines in January passenger traffic because of the coronavirus outbreak, with the shortfalls likely to deepen this month as the epidemic continues to disrupt travel for millions of people.

Air China slipped 2.9% from a year earlier, while China Southern Airlines fell 4.6% and China Eastern Airlines dropped 5.4%, according to statements filed to Hong Kong’s stock exchange late last week. Their totals ranged from 9.2 million to 11.4 million passengers.

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TAGS: Air China | China Southern Airlines | China Eastern Airlines
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