Weakening yuan drives Chinese carriers to reduce ratio of US dollar debt
Chinese carriers have reduced US dollar debt ratios on aircraft purchases as the weakening yuan (CNY) continues to impact airlines’ financial performance. The weaker yuan hurts Chinese airlines because they pay for aircraft in US dollars, but generate revenue in yuan. Last year, China’s big four...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
