Report: CAAC approves price cut of 7 airlines

News citing authorities of China Airlines Corporation said CAAC would allow at most a 40% discount in price of seven local airlines and it would come true today or tomorrow.Open of seven airlines is an experiment before CAAC made all its airline prices open. A significant change in CAAC ticket price is expected to happen in March.The seven airlines are Shanghai to Guangzhou, Shanghai to Shenzhen, Shanghai to Chongqing, Beijing to Guangzhou, Beijing to Shenzhen, Guangzhou to Kunming and Shenzhen to Chengdu.

Related stock : (NIL)