American Airlines are moving further
into China with stake in top carrier
http://money.cnn.com/2017/03/28/investing/american-airlines-china-southern-stake/index.html?iid=SF_LN
American Airlines is going deeper into Chinese airspace.
American (AAL) announced the deal with China Southern Airlines saying it will open up dozens of new Chinese destinations for American Customers. The deal with China Southern will enable it to offer more than 40 connections from Beijing and more than 30 from Shanghai.
Why has the market shifted?
There is shift in demand.
There was an increase in demand for pilots and planes (graph only focused on planes) because there are plenty of airlines being opened and more people want to travel. Considering this, the higher the quantity of planes there is an increase in price. The determinants for the demand, was a change in number of clients and consumer income.
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