China’s Airliners may not rebound for two years
It is believed that China’s air transportation system is already experiencing a recovery from the COVID-19 epidemic. However, there is catch and the Chinese Airliners may not rebound for at least two years. The hopes were rekindled following the reviews of schedule filings that showed that Chinese airlines are adding flights back, even in some regions to as much as 70% of pre-epidemic levels.Although restoration of capacity toward pre-COVID levels is bring reported, China’s air transportation system is not likely to fully recover for at least another two years. It is based on a number of factors: pre-COVID traffic trends, current economic trends in China, and, importantly, a certain collapse of international leisure traffic, both inbound and outbound. This long-term air service contractio...