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Major China airlines return to profit in Q3

THREE major Chinese airlines recorded a net profit gain in the third quarter, according to their quarterly report revealed on late Friday, a sign indicating that China's aviation industry is accelerating its pace of recovery amid a domestic travel surge.

Air China, China Southern Airlines and China Eastern Airlines announced their third-quarter report on Friday, showing better-than-expected results. Leveraging booming domestic tourism, the three groups are back in the black for the first time since 2019.