15-Sep-2009 2:55 PM
China Airlines and EVA Air’s yields remain depressed, Cathay’s yields “materially lower”
Analysis
The crisis gripping Asian aviation is showing no signs of easing. Aircraft are flying at reasonable load factors, but pricing remains under massive pressure. Taiwan's leading airlines, China Airlines (CAL), and EVA Air, reported 18.8% and 17.7% year-on-year reductions in passenger yields last month, respectively.
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