Chinese Airlines Cut Labor Day Holiday Fares as Travelers Favor Rail

Airlines in China have been forced to cut fares for this year’s Labor Day holiday after overestimating the recovery in demand for domestic flights, according to recent travel data.

In comparison, the figures revealed that following the pandemic, more Chinese are opting to travel via rail for shorter-distance trips, amid pervasive low consumer confidence and reduced business travel. Tickets on the country’s official online vendor sold out within hours of going on sale.