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Since early June, the domestic air travel market has been recovering steadily and has seen a growing number of daily passenger flights, fueled by increasing travel demand, especially from students and business travelers.
The government's cash subsidies for domestic airlines that began on May 21 will continue till July 20 and will help the latter to hedge against declining passenger numbers due to the recent resurgence of local COVID-19 cases and rising fuel costs, industry experts said.
China's three biggest airlines reported wider losses in the final quarter of 2021, while the country tries to halt the virus' spread.
SHANGHAI, March 23 — China Eastern Airlines faces deepening losses and closer regulatory scrutiny following the crash of a Boeing 737-800 jet on Monday with 132 people on board. Rescuers yesterday scoured heavily forested slopes for survivors and data recorders from Flight MU5735, which crashed a...
Disaster comes as China’s airline sector is struggling to recover from the COVID-19 pandemic.