China Express Airlines disclosed an earnings forecast, expecting attributable net profit for the first half of 2026 to be between 35 million and 50 million yuan, a year-on-year decline of 80.06% to 86.04%. Deducted non-recurring net profit is expected to be between 25 million and 36 million yuan, a year-on-year decline of 84.13% to 88.98%. The company stated that the decline in performance was mainly due to fluctuations in international crude oil prices, which led to a significant increase in jet fuel prices in the second quarter and higher jet fuel costs.
China Express Airlines Co Ltd Class ACompany expects H1 2026 net profit to drop over 80% due to higher jet fuel costs from crude oil price fluctuations.