News / Sichuan Airlines struggles, while China's airfreight market weakens

01/11/2022

China’s lockdowns are playing havoc with its airline industry, with three of its four main regional airlines reportedly close to insolvency, including freighter operator Sichuan Airlines.

News site 163.com looked at the asset-to-liability ratios of several Chinese airlines and found Sichuan was at 85.8%. It is ...

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