Daily Memo: Chinese Airline Recovery Resumes After March-April Stall
Credit: Rob Finlayson
BEIJING—Three months since China began easing anti-pandemic measures, the airline industry’s domestic capacity is nudging 80% of the level of a year ago. Superficially, that does not look at all bad. But loads and yields are weak. And international business is almost negligible. Air China and Hainan...
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