
TOKYO -- Private Chinese carrier Juneyao Airlines is drastically cutting back on its investment plans this year due to the devastating impact of the novel coronavirus on the industry, even as its state-owned peers continue to enjoy adequate funding.
Midsize player Juneyao shrinks while well-funded state-owned carriers expand
TOKYO -- Private Chinese carrier Juneyao Airlines is drastically cutting back on its investment plans this year due to the devastating impact of the novel coronavirus on the industry, even as its state-owned peers continue to enjoy adequate funding.
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