0345 GMT - Air China is likely to maintain the highest yields among China's three largest airlines, Cheng Wang, equity analyst at Morningstar, says in a research note. The analyst attributes this to Air China's strong presence in the Beijing market and its greater exposure to premium-class travel, which gives it an advantage over China Southern Airlines and China Eastern Airlines. The analyst keeps a HK$6.40 fair value estimate on Air China stock. Shares are 0.6% higher at HK$3.40. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
August 19, 2024 23:45 ET (03:45 GMT)
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