China Southern to undergo ‘hardship’ says Chairman

Article Date : 24 August 2008
News Section: China

Liu Shaoyong, the chairman of China Southern Airlines said the outlook for the carrier is bleak, following a difficult first half of 2008. He said that airlines are ‘generally saddled with three major burdens, including insufficient market demand, fierce competition and high oil prices. . . . As such, the group expects to undergo a long...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/airtravel/2008/08/25/china-southern-to-undergo-hardship-says-chairman.html

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