Iċ-China Southern Airlines kif qed tiflaħ għall-maltempata COVID-19?

Adrian Scofield:

Dritt.

Guoxiang Wu:

So it’s hard to control the price. Based on the relation between the demand and the supply, we must adapt. So in certain periods, I think is still being challenged.

Adrian Scofield:

Right. So there is overcapacity in the domestic market, is there?

Guoxiang Wu:

Yeah.

Adrian Scofield:

Okay. Wow. Right. I know that China has embarked on an amazing airport and infrastructure building program. Has that slowed down any, due to the pandemic, or is that still going at the same pace?

Guoxiang Wu:

It’s still going as normal, I think, because as you know, the facilities in China, Chinese airports, is need to renew and to enlarge. Many airports in China are very congested before the pandemic. So we need to restructure and [inaudible 00:23:44] facilities.

Adrian Scofield:

Great. Okay. Do you think there’ll be any changes to business or premium travel demand resulting from the pandemic? I know there’s been a lot of talk about that in the industry, and everyone wants to know if premium and business demand will come back, or if online meetings like this might damage that a little bit. What do you think about that?

Guoxiang Wu:

I think the business travel will come back. I have the [inaudible 00:24:18], very confident. Even some new technology such as the virtual meetings and some virtual social network, the face to face meeting is still very important. And some businessmen need to travel to their on site thing, and we need to coming together to face-to-face meeting, face-to-face drinking, face-to-face party partying. I think [inaudible 00:24:54] very important.

Adrian Scofield:

I agree. All of those are important. Just as a final question, this is a very broad question, and it’s a little bit looking into the future, but when do you think, just approximately, international travel will start to gain momentum again in Asia Pacific? And do you think the Asia Pacific region will be slower to recover than other regions?

Guoxiang Wu:

I think it will be more sooner for the Asia Pacific to recover than the other region of the world.

Adrian Scofield:

Dritt.

Guoxiang Wu:

As you know, many countries in Asia Pacific, and especially for the short haul connection, I think it will be recovered sooner than the long haul. So I think it will be recovered first,. after the pandemic.

Adrian Scofield:

You think the Asia Pacific region will recover sooner, you think?

Guoxiang Wu:

Yeah.

Adrian Scofield:

Okay. Great. Very good. Well, that’s all the time we have today. I’d like to thank Mr. Wu very much, again, for taking the time to talk with me, and giving us such a great insight into China Southern and the China market.

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