SHANGHAI—China’s aviation regulator will reduce Air China’s Boeing 737 flights by 10 percent and cancel licenses of the pilot and co-pilot involved in an emergency descent that occurred last week, in a move analysts say could push the airline to cut some routes.
The Civil Aviation Administration of China (CAAC) will also launch a safety crackdown on the Chinese state-owned carrier for three months and fine the airline 50,000 yuan ($7,460), state broadcaster China Central Television (CCTV) said on its WeChat social media account.
