China Southern Airlines has reported a first-half net loss of CNY900 million to CNY1.1 billion ($146 million to $178 million) compared with a net loss of CNY302 million in the year-ago period. According to a preliminary earnings estimate statement released by Shanghai Stock Exchange, yuan depreciation was a major contributor of the loss, which was also attributed to the slowdown of domestic economic growth. China’s big four carriers were hit hard by exchange losses resulting from yuan ...

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