China s Outbound Flights Are at Only 20% of Pre-Pandemic Level yicaiglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yicaiglobal.com Daily Mail and Mail on Sunday newspapers.
Airlines are optimistic about recovery this year, with an expansion of services to China being a key driver, following a significant improvement in 2022, particularly during the fourth quarter.
(Feb 24): Thai Airways International PCL’s fourth quarter profit almost tripled after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination.
Kuala Lumpur, Malaysia AirAsia Philippines is increasing its current fleet from 14 to 24 aircraft, expecting to double its passenger load as it re-starts more international routes in 2023.
The budget airline will receive 10 additional aircraft this year to boost both passenger and cargo capa
Stocks in the tourism, aviation and pharmaceutical sectors are the major beneficiaries of China's announcement to allow group tours to visit 20 countries effective as of Feb 6, analysts said.