Air China announced that its Board of Directors, at the 14th meeting of the seventh session held on 26 March 2026, approved a total impairment provision of RMB575.42 million for fiscal-year 2025.

The bulk of the charge—RMB586.11 million—relates to asset impairment. Within this amount, a RMB484.00 million goodwill write-down was booked against the Shandong Aviation Group asset group, reflecting lower projected cash flows. An additional RMB96.00 million was recognised for fixed assets, primarily aircraft approaching retirement, while inventory write-downs accounted for RMB6.00 million.

Credit-related items recorded a net reversal of RMB10.70 million, trimming the overall provision. After factoring in impairment reversals recorded elsewhere during the year, consolidated loss before tax increased by RMB567.00 million.

Management stated that the assessment followed China’s Accounting Standards for Business Enterprises and aims to present a more accurate view of the carrier’s 2025 financial position and operating results. The provisions have been reviewed and endorsed by both the Audit and Risk Management Committee and the Supervisory Committee.