Delta Air Lines and United Airlines both announced plans to double their weekly flights to China, following an agreement between Washington and Beijing to increase air service capacity between the world’s two largest economies.
Cargo profits at China’s Juneyao Airlines quintupled during the first half (H1) of 2020, reflecting the carrier’s concentration on chartered cargo flights during the peak of the COVID-19 pandemic, when most passenger services were halted.
The COVID-19 crisis has interrupted an important phase of mergers and acquisitions in the South Korean airline industry, leaving the future of at least two of the country’s carriers under serious threat.
Incumbent carriers will gain the benefits from an agreement between China and the U.S. to double air service capacity between them.
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