Chinese airlines’ earnings are expected to peak in 2016, as a depreciating yuan and rising oil prices combine to erode their profit margins in 2017 and 2018, BNP Paribas said. Photo: Bloomberg

Fasten seat belt: Chinese airlines’ corporate earnings poised for declines after peaking in 2016

A depreciating yuan, combined with rising oil prices, erode corporate earnings among China’s largest airlines

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Chinese airlines’ earnings are expected to peak in 2016, as a depreciating yuan and rising oil prices combine to erode their profit margins in 2017 and 2018, BNP Paribas said. Photo: Bloomberg
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