China’s Big Three Airlines See Losses Mount As Market Shrinks On 2021

China
Credit: Tony Vingerhoets/Alamy Stock Photo
China is the world’s only major air transport market to perform worse this year than in 2021, as Beijing has continued to impose COVID-19 restrictions. Continuous flash lockdowns in key cities have seen the big three state-owned carriers report a cumulative loss of CNY73.8 billion ($10.3 billion)...

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