Air China Limited provided unaudited earnings guidance for the six months ended 30 June 2024. For the period, company expects that the net loss attributable to equity holders of the Company would be approximately RMB 2.3 billion to RMB 3.0 billion, and the net loss attributable to equity holders of the Company after deducting non-recurring profit or loss would be approximately RMB 2.8 billion to RMB 3.8 billion. In 2024, the sustained recovery of China's economy has driven an overall increase in demand in the aviation market.

Seizing the market opportunity, the Company has made significant efforts to enhance quality and efficiency. By maximizing marginal contributions in production, focusing on stabilizing revenue through price stability and business volume competition, adopting the concept of "living within our means" for cost reduction and efficiency gains and deepening collaboration to promote development, the Company has seen a steady improvement in operating performance in the first half of the year, achieving significantly reduced losses compared to the same period last year. However, due to the slower-than-expected recovery of international routes, intensified domestic market competition and factor price fluctuations in oil prices and exchange rates, the Company still experienced operating losses in the first half of the year.