The Chinese aviation industry is smoke and mirrors and built on sand . It’s far from a western capitalist model of profit and loss rather its the very centre of the Chinese Global Power Push and momentum and all those pretty colours are a sharade!
The purse strings and route growth dynamics are purely a party drive - indeed targets are set by both central and regional Communist Party dictates and right from the very top - Xi Jinping himself - and his aim of world dominance within the next thirty years
One thing the Chinese authorities are exceptionally good is playing the long game !