China’s economy may be slowing, but the country’s flood of new airlines is hardly abating. Over the past year seven carriers have begun flying or have started the regulatory process for doing so. Carrier after carrier has had backing from city or provincial governments, extending a trend that first reemerged in 2009, less than a decade after the government ended the previous wave of airline proliferation by forcibly merging most. Reflecting their official backing, all but two of ...


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