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Chinese aviation at a dangerous crossroads


China’s airline industry has endured a cruel third quarter and is on track to record for deep full-year losses. The last pillar of strength for the Chinese airlines – a strong renminbi– is being stripped away as financial markets consider the risk of a global economic downturn that would slow China’s export-geared economy. [1070 words]

Unlock the following content in this report:


  • Beijing may need to step in soon
  • The pros and cons of mergers and consolidation
  • Outlook: Some painful decisions ahead
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