CEA - China Southern Airlines Is Back On Track As Domestic Tourism Recovers

• The Chinese aviation industry has been influenced massively by the COVID-19 crisis. However, the continuous decrease in oil prices and the recently appreciating yuan are good signs for the industry.
• The market-adjusted price and increasing population will help to expand the size of China’s aviation market.
• China Southern Airlines ranked among the top companies in China by ASK, passenger load factor, RTK and RPK.
• The uncertainty of COVID-19 and economic downturn will still bepossible threats for the aviation industry in the future, which will hinderairlines’ recovery.

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