China’s coronavirus strategy deals blow to aviation sector, but could be shot in the arm for home-grown planes

//China’s coronavirus strategy deals blow to aviation sector, but could be shot in the arm for home-grown planes

China’s coronavirus strategy deals blow to aviation sector, but could be shot in the arm for home-grown planes

With China intent on sticking with its zero-tolerance coronavirus strategy, the recovery of its domestic aviation industry remains uncertain.Analysts have said loss-making airlines may be forced to push back the deliveries of new foreign-made planes, meaning China will have to boost production of domestically made aircraft to manage growing costs.“The outlook for [domestic air travel] is another cautious year, especially with the emergence of highly infectious new Covid variants causing more…

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By | 2021-08-28T22:00:16+00:00 August 28th, 2021|Headlines|Comments Off on China’s coronavirus strategy deals blow to aviation sector, but could be shot in the arm for home-grown planes