China Southern returns to profit in 2025 after five years of losses

China Southern Airlines (1055), on Monday reported a net profit ​of 857 million yuan for ‌2025, returning to the black for the first time since 2019, as it ​benefited from operational improvements and tighter ​cost controls.

The Guangzhou-based carrier's full-year profit ⁠was within the company's January ​guidance range of 800 million yuan to ​1 billion yuan and compared with a net loss of 1.7 billion yuan in 2024.

It ​was the only one of ​China's "Big 3" state-owned airlines to report a full-year ‌net ⁠profit in 2025.

In its earnings guidance, the airline said the industry still faced a challenging external environment, supply-chain tightness ​and rising ​prices ⁠for aircraft, aviation materials and engines. But the carrier said ​it had improved its performance ​by ⁠optimising passenger and cargo capacity allocation and strengthening cost controls.

Reuters