CAAC plans to hold meeting in September to deter reducing tickets price

JP Morgan quoted an officer of CAAC as saying that CAAC might hold meetings in September to discuss the event of preventing the price war of CAAC deteriorating. The officer also pointed out that he was very concerned that the over-high discount rate of the tickets price might hurt the profit of CAAC. Accordingly, CAAC might hold meetings to discuss the countermeasures in September.

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