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- W593100597 abstract "Air China (CA) is seeking to become the country’s largest and most profitable airline as the Chinese airline industry is still recovering from costs imposed by government-mandated consolidation, a drop in business from the post-9/11 SARS outbreak in Asia, and an increasingly competitive domestic market. CA’s earnings rose threefold in the first half of 2007, and it has expansion plans. Currently, 80 percent of its profit is generated on international routes. The airline is making plans to expand its domestic business, while focusing on routes with heavy concentrations of business travelers. It has, for example, 12 daily flights connecting Beijing and Shanghai. CA is also investing heavily in its Beijing operations and plans to be a major presence in Shanghai and Hong Kong. Other strategies, such as selling off smaller operations and imposing cost controls, are also discussed. It is the only mainland carrier to have hedged fuel, resulting in major savings when prices jumped." @default.
- W593100597 created "2016-06-24" @default.
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- W593100597 date "2007-10-01" @default.
- W593100597 modified "2023-09-26" @default.
- W593100597 title "War for Profit: Led By a Former General, Air China Aims to Become the Country's Leading and Most Profitable Airline" @default.
- W593100597 hasPublicationYear "2007" @default.
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