China’s super airlines are on the rise and that puts American, Delta, and United in a complicated situation (AAL, UAL, DAL)
|11/17/2018||Posted by BusinessMediaguide.Com under General World News||
- China‘s airlines are growing in their prominence and capabilities.
- China’s three largest airlines, Air China, China Eastern, and China Southern are state-owned. The fourth largest Chinese carrier is Hainan Airlines, which is civilian run.
- Chinese airlines have been accused of flooding the market with cheap subsidized airfares, which are great for consumers but bad for rival airlines.
- For American, Delta, and United, Chinese airlines can serve as both valuable partners and competitive threats.
China is rising.