Airlines slash prices as high-speed trains prove popular
China Daily | Updated: 2010-02-11 07:54
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China Southern cut economy-class tickets to 560 yuan from 700 yuan on flights between Guangzhou and Changsha, after a high-speed train started service in December. CFP |
China Southern Airlines Co, the nation's largest carrier, and Air China Ltd are slashing prices to compete with the country's new high-speed trains in a battle that Europe's airlines have largely already ceded.
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