BloombergChinese airlines are offering tickets at what are known colloquially as “cabbage” prices as they start restoring seat capacity following drastic capacity cuts enforced by the COVID-19 outbreak. A one-way direct trip from Shanghai to Chengdu on Juneyao Airlines Co (吉祥航空) on Saturday costs just 90 yuan (US$12.89) plus 50 yuan in taxes. Chinese carriers are adding nearly 3 million seats back into scheduled services this week, primarily for domestic routes, OAG Aviation Worldwide reported. China Southern Airlines Co (中國南方航空) is adding 684,000 seats and China Eastern Airlines Corp (中國東方航空) is increasing capacity by 566,000 seats, Grant said. Chinese airlines posted losses of more than 10 billion yuan last month as revenue fell 37 billion yuan, Sina.com (新浪) reported, citing industry estimates.

Source: Taipei Times March 03, 2020 15:56 UTC