News Snapshot:
Morningstar on outlook for Chinese airlines, China’s domestic travel bernardblack 25 mins ago SINGAPORE — China’s air passenger volume could jump by 10% year-over-year during a critical holiday season that begins later this week — but that won’t help Chinese airlines turn profitable until international travel resumes, said an analyst. Chinese airlines, like their peers globally, have been hit by a slump in travel as countries around the world closed borders and limit movements of people to contain the spread of the coronavirus. Domestic travel in China has rebounded strongly as the country recovers from the pandemic, but Chinese airlines...
