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Stock impact report

China approves 10 new airline routes from Beijing's new airport [Reuters]

China Eastern Airlines Corporation Ltd. (CEA) 
Company Research Source: Reuters
China approves 10 new airline routes from Beijing's new airport | Reuters 2 Min Read SHANGHAI (Reuters) - China has approved plans by China Eastern Airlines, Xiamen Air and Capital Airlines to fly out of Beijing’s new mega-airport from September to cities such as Moscow, Cairo and Busan. The Civil Aviation Administration of China said in a statement on its website on Thursday that it had approved 32 new airline routes, 10 of which will be from Beijing Daxing International Airport in September and October. Of the 10, five were proposed by Hainan Airlines unit Beijing-based Capital Airlines, one by China Southern Airlines subsidiary Xiamen Air and four by China Eastern Airlines. The airport, due to open in September, can handle 72 million passengers a year by 2025 and is expected to become one of the world’s busiest airports upon completion. This will be the city’s second such facility and help relieve pressure on Beijing Capital International Airport, whose annual capacity has reached Show less Read more
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