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Chinese airlines face lower yields after sanctions against S Korea

Published Mon, Aug 28, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Shanghai

    BEIJING'S curbs on travel to South Korea are expected to take some shine off the first-half results of China's top-three airlines, which have slashed seat numbers on flights between the countries amid tensions over North Korea.

    Air China, China Eastern Airlines and China Southern Airlines are expected to report higher earnings this week on the back of foreign exchange gains, but cuts on lucrative routes to South Korea could crimp yields.

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