Loading
28-May-2012 11:38 AM

China Eastern: 'Huge potential' for LCCs in China

China Eastern Airlines president Ma Xulun stated there is "huge potential" for LCCs in China as LCCs account for less than 5% of the Chinese market, compared to a more than 33% market share in the Southeast Asia market and a more than 25% market share in the global travel market, according to a China Securities Journal report. In Mar-2012, China Eastern and Qantas signed an agreement to establish a LCC JV company in Hong Kong.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More