Private airlines sent into a tail-spin
By Xin Dingding | China Daily | Updated: 2009-04-10 07:42
|
Aircraft from home and abroad are parked on the tarmac at Beijing Capital International Airport last year. Ma Ruzhang |
Theatre may not be its core business, but the airline industry has certainly been producing one drama after another in recent months. Two fleets grounded, debts piling up, passenger numbers down, a State-funded takeover the list goes on. So, what has happened to China's private airlines?
Photo
