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Fitch: Rising CN-JP Tensions Won't Greatly Delay CN Aviation Industry's Mid-Term Recovery
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While rising China-Japan tensions and travel warnings have led to reduced capacity on flight routes between the two countries, Fitch Ratings doesn't expect it to cause significant delays in the mid-term recovery of China's aviation industry. Fitch based its estimate on the impact being concentrated on specific routes and China's limited exposure to the Japanese market, along with the continued diversification of international routes. Additionally, the Japanese market typically accounts for 10-15% of China's international route capacity, which has a limited impact on the overall industry's capacity and airport operations. AAStocks Financial News |
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