BEIJING ( TheStreet) -- Thursday's 7:35 a.m. China Southern Airlines' ( ZNH) commuter flight to Shanghai from Beijing didn't get off the ground until 9:40 a.m., according to the Beijing airport Web site.
No surprise there. Domestic air travelers in China have grown accustomed to hours-long delays and last-minute cancellations, especially since 2011 and particularly in the eastern one-third of the country where most people live.
Delays can affect air traffic nationwide for days at a time. The most recent string of snafus, which officials blamed on bad weather and military exercises, began June 20, and was expected to stretch until mid-August.
That said, investors need not assume that Chinese airlines, travel agencies and related companies are suffering with their frustrated customers.
Other tradable companies likely to weather the latest late-flight storms include travel agencies Ctrip (CTRP) and the Expedia (EXPE) affiliate eLong, as well as Chinese airport advertising concern AirMedia (AMCN).