Transportation
Chinese Airlines Elbow Foreign Rivals Out of Major International Routes
- Flood of cheap fares create profit hurdle for other carriers
- British Airways pulls back while United sees ‘new normal’
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Back in 2019, China’s massive market for international air travel was roughly split between native carriers and their better-known rivals dotted across the globe. Not anymore.
After five tumultuous years, the mainland’s largest airlines have brushed past their competitors to seize the lion’s share of air traffic to the world’s second-biggest economy.