Reasons for the closure of Guilin Airlines

Poor management, capital problem, industry competition. According to official website of Guilin Airlines.

1, poor management. At the beginning of the establishment of Guilin Airlines, due to lack of experience and irregular management, the company's operating costs were high and its profitability was poor. In addition, Guilin Airlines also has some shortcomings in route development and marketing.

2. Financial issues. At the beginning of the establishment of Guilin Airlines, due to the contribution of local governments, the company's sources of funds were relatively stable. With the development of the company, the operating cost is getting higher and higher, and the funding gap is getting bigger and bigger, so it is difficult to maintain normal operation.

3. Industry competition. With the continuous development of China's civil aviation market, the competition is becoming more and more fierce. The competitiveness of Guilin Airlines in the market is relatively weak, and it is difficult to compete with other airlines.