Chinese airlines hedge far less fuel than many Asian and European peers, leaving them more exposed to oil price swings. (EPA Images pic)BEIJING: China's three biggest airlines are on track for full-year losses after posting far weaker third-quarter results than last year as surging jet fuel costs, weak domestic fares and typhoon disruptions hit what is normally their most profitable period.

Air China and China Eastern Airlines are heading for a seventh consecutive annual net loss since the Covid-19 pandemic, according to analyst estimates compiled by LSEG.

China Southern Airlines, which returned to the black in 2025 for the first time since 2019, is also set to slip back into the red, the estimates showed.