Come fly with Xi – Why China is swooping on Georgia’s airline industry

Back to Forum

Tagged: , ,

This topic contains 1 reply, has 2 voices, and was last updated by  Flightlevel 17 Mar 2018
at 20:40
.

Viewing 2 posts - 1 through 2 (of 2 total)

  • Tom Otley
    Keymaster

    Interesting article in The Economist

    Come fly with Xi
    https://www.economist.com/blogs/gulliver/2018/03/come-fly-xi

    Why China is swooping on Georgia’s airline industry
    The new Silk Road is taking to the skies

    Report shows that the Hualing Group now owns a majority stake in MyWay Airlines, the Georgian startup certified by regulators in January and starting flying with two Boeing 737 jets later in March…

    “China’s One Belt One Road initiative has so far focused on building train lines and port facilities. That is no surprise. Airfreight accounts for just a fraction of the trade between Asia and Europe because it is so much cheaper to send goods by land or sea. But Chinese interest in foreign airlines is steadily growing. HNA Group, the parent of Hainan Airlines, has invested in carriers as far afield as Australia, Brazil, France, Ghana and South Africa.”


    Flightlevel
    Participant

    Cathay Pacific too has said its recent codeshares with Air Astana are part of the Silk Road initiative ‘though ofcourse its all good business.

Viewing 2 posts - 1 through 2 (of 2 total)
You must be logged in to reply to this topic.
Be up-to-date
Magazine Subscription
To see our latest subscription offers for Business Traveller editions worldwide, click on the Subscribe & Save link below
Polls