Juneyao Airlines expects first-half net profit to fall 58% to 72% year-on-year

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Juneyao Airlines disclosed an earnings forecast, expecting net profit attributable to the parent company for the first half of 2026 to be between 140 million and 210 million yuan, a year-on-year decline of 58.46% to 72.3%. Affected by changes in the international energy market, jet fuel prices rose sharply year-on-year in the second quarter, directly pushing up the company's core operating costs for the period and leading to a loss in the second quarter, which in turn caused the reported period's earnings to decline year-on-year.

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Jet fuel prices rose sharply in Q2 due to international energy market changes, increasing costs and causing a loss.