Analysts Bullish On China’s ‘Big Three’ As Summer Demand Grows

China Eastern Airlines A330-200
China Eastern Airlines A330-200
Credit: Joe Pries
As China’s “Big Three” airlines cut their losses in the first half (H1) of 2023, analysts from HSBC expects the major state carriers can return to profitability as early as the third quarter. This comes as the Civil Aviation Administration of China (CAAC) reports a 7.4% increase in passenger volume...

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