Juneyao Air Expects H1 2026 Net Profit to Fall 58.46%-72.30% to $19.6-$29.4 Million

Juneyao Air said in a July 10 filing that it expects net profit attributable to shareholders for the first half of 2026 to be 140 million yuan to 210 million yuan, down 58.46% to 72.30% year on year, according to Jiemian News. The airline attributed the decline to higher jet fuel prices in the second quarter amid changes in international energy market conditions, which lifted core operating costs and led to a Q2 loss.