Bangladesh, Nov. 3 -- Analyst estimates compiled by LSEG show Air China and China Eastern Airlines heading for a seventh straight annual net loss since the COVID-19 pandemic.

China Southern Airlines returned to profit in 2025 for the first time since 2019 but is also expected to slip back into losses.

Air China's third-quarter net profit plunged 92.6% year on year to CNY 270.6 million, equivalent to USD 40.62 million, while China Eastern's profit for the quarter fell 98.2% to CNY 64 million.

China Southern swung to a net loss of CNY 609 million in the quarter, compared with a net profit of CNY 3.84 billion a year earlier.

All three carriers also reported losses for the first nine months, although they were profitable in the same peri...