Chinese airlines may see a U-shaped recovery in air travel, as global carriers slog through 2023 to see the earliest glimpse of hope

Chinese carriers are likely to see a full recovery by 2021, as aircraft seats are filled by the gradual return of leisure and business air travel, helping the nation’s airlines beat a worldwide aviation slump that may remain until 2023 at the earliest.Business travel has quickly rebounded in mainland China, as the infection rate of the coronavirus has stabilised, with little increase in the number of confirmed cases and death toll. Daily flights in China recovered to 43.1 per cent of capacity…

Read the original article at South China Morning Post