Dhaka, May 4 -- China's top three airlines have reported deeper losses in the first quarter compared to the same period last year, reflecting ongoing competition, weak consumer demand, and the negative effects of the US-China trade war. The state-owned carriers-China Southern Airlines, Air China, and China Eastern Airlines-are still struggling to recover from the financial setbacks caused by the COVID-19 pandemic, with five years of consecutive annual losses.

These airlines are facing several business challenges, including fierce competition in the domestic market, reduced international and business travel, disruptions in the global supply chain, and the depreciation of the yuan. In contrast, the global airline industry saw a rebound in ...