Bullet trains 'threat' to airlines
By Lu Haoting | China Daily | Updated: 2009-10-29 08:19
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The top three Chinese carriers all turned profitable in the third quarter due to strong domestic travel demand. Zhu Zhenghua |
Emerging competition from high-speed trains will pose a threat to the nation's airline industry, which has not yet fully recovered from the worst economic crisis in decades, a top airline executive warned yesterday.
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