Chinese airlines cutting back as fuel soars, demand slumps
China - the big driver of air travel demand in Asia this decade - is stuttering badly in this crucial Olympics year. Widespread snow-storms at the start of the year, political protests associated with the Torch Relay and most recently a devastating earthquake in Southwest China, as well as tighter visa restrictions for foreign visitors, have all weighed on the airline sector, with growth slowing precipitously in the first four months of the year.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.