China Southern Warns Of Losses Up To $1.7bn For 2020
Guangzhou-based is flagging a US$1.7 billion loss for the 2020 calendar year. Citing COVID-19 and the subsequent drop in travel demand, the airline lodged documents with the Hong Kong Stock Exchange on Friday warning of the loss. China Southern Airlines is an unusual beast. While the Chinese Government via state-owned enterprises has a majority slic …
