Airline industry facing challenges on two key fronts, experts say
By Zhong Nan | China Daily | Updated: 2018-08-13 07:29
The surge in passenger traffic and asset securitzation of the Beijing-Shanghai High-Speed Railway, one of the country's most profitable rail routes, will put more pressure on the airline industry, according to experts.
Their comments came after China Railway Corp began promoting the asset-backed securitization and equity financing of the railway sector last year.
In addition, Caixin Media, a Beijing group that provides financial and business news, reported last month that CRC and related partners are preparing for the Beijing-Shanghai High-Speed Railroad to go public.
Photo