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Air China

Air China is the flag carrier and one of the major airlines of the People's Republic of China. Based in Beijing it is one of the world’s largest airlines in terms of fleet size but ranks behind its main competitors, China Southern Airlines and China Eastern Airlines, in terms of passenger traffic.

Yields on domestic routes fell by an average of 12 per cent among China’s six biggest airlines between 2014 and 2016, according to Fitch. Photo: AFP

China’s airlines held back by declining yields

The average passenger yields of Chinese airlines are declining, according to Fitch Ratings, because of fierce competition and a high concentration of carriers on popular routes.