Chinese airlines retained most pilots and cabin crew during the pandemic, and airports kept about 90 per cent of workers. Read more at straitstimes.com.
BEIJING - Chinese airlines will be the early winners of the country’s international reopening, analysts say, having kept most wide-body planes and staff ready while foreign carriers struggle with capacity constraints after previous border openings.
“The profitability is going to be good in the short term... because even if the Chinese carriers activate quite quickly, what we’ve seen around the world is the demand comes back faster than supply,” he said. “And that typically means that prices are therefore high.” “The Chinese airlines have a front seat,” Singapore-based independent analyst Brendan Sobie said of the recovery, citing advantages including a large sales base in China and the ability to deploy capacity quickly on routes with the most demand.
Carriers including Lufthansa, United Airlines, Singapore Airlines and Qantas Airways said this week they were examining their plans for China flights, but did not announce immediate increases.International flights to and from China are at just 8 per cent of pre-pandemic levels, VariFlight data shows, and carriers require confirmation of traffic rights and airport slots as they look to ramp up capacity.
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