China Eastern Airlines and Air China experienced a profit decline for the first nine months of the year. Industry analysts said the profit drop was due to reduced domestic market demand (especially in the premium market resulting from the slowdown of China’s economic growth), fierce competition from the domestic high-speed rail, and reduced air fares resulting from ...

Subscribe to Access this Entire Article

"China Eastern, Air China experience 9-month profit decline; CAAC OKs Inner Mongolian venture " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.