AVIC Aircraft Co., Ltd. provided earnings guidance for the first quarter of 2014. The company expected net loss attributable to shareholders of CNY 149.71 million to CNY 164.68 million in the first quarter of 2014, in contrast to CNY 29.94 million a year earlier. In the reporting period, the company delivered less aviation products, expecting that major aviation products will be collectively delivered in second half of 2014, leading to continuous losses.