By Yi Wei Wong
Air China Ltd. reported a net loss in the first half amid widened travel lockdowns due to the Covid-19 pandemic.
The airline swung to a loss of 9.44 billion yuan ($1.38 billion) from a profit of CNY3.14 billion in the same period a year ealier, it said late Friday.
Revenue in the first half declined to CNY29.65 billion from CNY65.31 billion a year earlier.
The airline will strive to restore operating performance to normal levels going forward, it said.
Write to Yi Wei Wong at email@example.com
(END) Dow Jones Newswires
August 30, 2020 20:02 ET (00:02 GMT)
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