On June 22, Air China fell 4.41% in regular trading, trading at HKD 4.37 per share, with turnover of approximately HKD 30.42 million.
On the news front, the International Air Transport Association (IATA) released its latest report warning that global airline net profits are expected to plunge from USD 45 billion to USD 23 billion, effectively halving, due to the dual impact of Middle East route disruptions and elevated oil prices. Meanwhile, the US-Iran ceasefire agreement that previously drove a sharp rally in airline stocks — with Air China surging over 10% in a single session — has only reached a memorandum of understanding stage and remains unsigned, prompting sustained profit-taking.
Within the Airlines sector, the broader group extended its weakness. Among peers, Cathay Pacific fell 1.5%, China Eastern Airlines fell 3.43%, and China Southern Airlines fell 4.08%, reflecting broad-based selling pressure across the sector as geopolitical uncertainty and deteriorating industry profit outlook weigh on sentiment.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)