China Eastern Airlines and Hainan Airlines experienced a sharp traffic decline in August, another sign of China's sagging domestic passenger market. CEA posted a 23.1% year-over-year drop to 2.92 million passenger boardings with a load factor of 69.4%, down 8.6 points. HNA transported 1.2 million passengers, a 5.2% decrease, as load factor fell 7.8 points to 74.3%. China Galaxy Securities Co. aviation analyst Mao Ang projected that Chinese carriers will post an "unpromising" financial ...

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