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Juneyao Airlines said at the 2026 semi-annual results briefing held on September 9 that the company's gross margin for the second quarter was negative, mainly due to higher aviation fuel prices than expected. Entering the third quarter, the average price of comprehensive domestic aviation fuel procurement fell from a high level during the year, compounded by the release of demand during the peak summer season and a year-on-year increase in passenger occupancy rates. The company expects gross margin for the third quarter to improve significantly compared to the second quarter.

Zhitongcaijing·09/09/2026 06:17:15
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Juneyao Airlines said at the 2026 semi-annual results briefing held on September 9 that the company's gross margin for the second quarter was negative, mainly due to higher aviation fuel prices than expected. Entering the third quarter, the average price of comprehensive domestic aviation fuel procurement fell from a high level during the year, compounded by the release of demand during the peak summer season and a year-on-year increase in passenger occupancy rates. The company expects gross margin for the third quarter to improve significantly compared to the second quarter.