Air China Limited (00753) issued a profit warning, expecting a net loss attributable to shareholders of approximately 1.3 to 1.9 billion yuan in 2025.

Air China Limited (00753) announced that the company is expected to incur a net loss attributable to shareholders of the listed company of approximately RMB 13 billion to RMB 19 billion in the fiscal year 2025, and a net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses of approximately RMB 19 billion to RMB 27 billion. In 2024, the net loss attributable to shareholders of the listed company was RMB 2.37 billion, and the net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB 25.40 billion. In 2025, the overall Chinese economy is stable and improving, the civil aviation industry continues to grow steadily, and the company seizes market opportunities, actively responds to the new normal of industry development, and deepens efforts to improve quality and efficiency. The company continues to optimize production organization, tap into available aircraft resources to ensure effective investment, dynamically grasp market trends, scientifically balance the relationship between quantity and price to stabilize revenue quality, comprehensively upgrade cost control, and strengthen cost reduction efforts. The company is fully committed to promoting production, strengthening operation, and maintaining growth, with overall operational efficiency showing characteristics of increased investment, increased revenue, and reduced costs, consolidating the continuous improvement of operational quality. The company strictly adheres to corporate accounting standards, re-evaluates the carrying value of deferred tax assets on the balance sheet date, reverses some deferred tax assets accordingly, and expects a net loss in 2025 attributable to shareholders of the listed company.