Crisis spreads to China as airlines make losses

The Asian economic downturn has begun to have an impact on the Chinese air transport industry, with the country's 11 largest carriers announcing for the first time a collective loss of ¥1.7 billion ($206 million) in the opening quarter of the financial year.

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

FlightGlobal Premium Digital

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

  • Increased access to online news and in-depth articles from:
  • FlightGlobal Premium covering the global aviation industry
  • Airline Business providing insight for business leaders
  • Weekly newsletters on topics across the industry

Join now