China Express Doubles Profit In 2019; Projects Q1 2020 Losses

China Express
China Express is projecting a Q1 loss resulting from the coronavirus outbreak.
Credit: China Express
China’s first private regional airline China Express Airlines doubled its full-year net profit in 2019, citing strong demand for domestic travel between third- and fourth-tier cities. However, effects of the COVID-19 pandemic are set to reverse those gains in 2020 first quarter (Q1) 2020 with the...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

China Express Doubles Profit In 2019; Projects Q1 2020 Losses is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.