The Business Times
SUBSCRIBERS

Chinese airlines face lower yields after sanctions against S Korea

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

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.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here