"The overall travel market is becoming more price sensitive, which continues to place pressure on yields. This, combined with the high price of oil, is making for a more difficult environment at the operating level. And unfortunately we expect these factors to persist in 2006," Stanley Hui, CEO, Dragonair.
Meanwhile, Dragonair plans to operate 109 additional services, including charter services, over the six-week Christmas and Lunar New Year holiday period, including Taipei and Shanghai, which will see the biggest increases.
News such as this delivered daily to your inbox from the Centre's Asia Pacific Airline Daily. Click the icon below for more information.
Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.