Liu Shaoyong has returned to lead struggling China Eastern Airlines. During his last stint, it was China’s most profitable carrier.
God moves in mysterious ways. When Liu Shaoyong served as GM of China Eastern Airlines between 2000 and 2002, the Shanghai-based carrier led the country’s airlines in terms of profitability and in 2001 was among the world’s 10 most profitable carriers. Air China was struggling in its shadow. Today the situation is reversed. Shanghai-based China Eastern is generally recognized as the weakest of the big three state-owned carriers while CA is thriving and leading the domestic ...
Subscribe to Access this Entire Article
"Eastern Revival" 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.