$12.9 Billion Airport Puts China’s Biggest Airlines in a Battle for Dominance

Like ancient warlords, China’s three biggest airlines have dominated their regional cities: Air China Ltd. controlling Beijing, China Eastern Airlines Corp. holding sway in the financial center of Shanghai, and China Southern Airlines Co. ruling the roost down in export gateway Guangzhou. Until now: $12.9 Billion Airport Puts China’s Biggest Airlines in a Battle for Dominance – Bloomberg