• China's top airlines post steep Q2 losses on COVID curbs

    1 month ago - By China Travel & Tourism News

    China's three biggest airlines posted on Tuesday a combined 28.4 billion yuan second-quarter loss, wider than in the first quarter, due to major travel disruptions including a strict COVID-related lockdown in Shanghai. The country's policy of localized lockdowns in response to case numbers that are small by global standards has forced carriers to frequently press the stop button on domestic travel, the main driver for revenue amid border policies that have all but grounded international travel. Shanghai-based China Eastern Airlines, said its net loss reached 10.9 billion yuan in the...
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  • China's Guangzhou, Shenzhen tighten COVID curbs as parts of north join in

    China's Guangzhou, Shenzhen tighten COVID curbs as parts of north join in

    1 month ago - By China Travel & Tourism News

    Parts of China's southern city of Guangzhou imposed COVID-19 curbs on Wednesday, joining the tech hub of Shenzhen in battling flare-ups, fueling uncertainty over commerce and daily life in two of the region's most economically vibrant metropolises. Several of China's biggest cities have stepped up COVID-19 restrictions this week, curtailing the activities of tens of millions of people. Authorities looking to balance economic needs with the effort to contain every outbreak said the curbs would run for just a few days, although two northern provincial capitals extended them slightly. China's...
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