Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs
Publishing timestamp: 2024-10-25 03:15:23
Summary
Weak demand in and out of China has prompted major global airlines to reduce services and even withdraw from China altogether. Longer flights following the closure of Russian airspace have raised operational costs, leading to airlines scaling back operations. Chinese airlines, not subject to Russian airspace prohibitions, can fly the same routes into Europe faster and cheaper. Low demand and economic problems in China are also contributing to the decline in airline operations.
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