Aviation Industry in China

Mainland carriers' future up in the air

The sky is not the limit for air traffic growth on the mainland despite phenomenal growth in passenger and plane numbers in the last decade.

Monday, 25 June, 2012, 12:00am

Mainland aviation sector flying high

Beijing predicts mainland carriers will see 10 per cent growth in passenger traffic and a rebound in the air cargo market in 2012 after the European debt crisis took its toll this year.

Mainland airlines and airports also would end this year with record high earnings, the Civil Aviation Administration of China (CAAC) said on its official website yesterday.

28 Dec 2011 - 12:00am

CAAC to push growth at key airport hubs

The Civil Aviation Administration of China has reaffirmed its intention to strengthen the growth of five hub airports including Beijing, Shanghai and Guangzhou, to boost transcontinental and regional air links.

9 Apr 2011 - 12:00am

Aviation minister opposes merger

The head of the General Administration of Civil Aviation of China (CAAC) says he personally disapproves of consolidation among the three big mainland airlines, adding that such a move will discourage competition in the market.

1 Nov 2007 - 12:00am

Beijing mulls buying out small airports

Beijing is considering buying out the nation's small airports or increasing subsidies to those that handle fewer than 500,000 passengers a year to help cut economic disparities between western and eastern China.

5 Sep 2007 - 12:00am

Beijing grounds new airline starts

Three-year suspension aimed at averting overheating in mainland carrier industry

Beijing has suspended the establishment of new airlines in the country for three years as it increases efforts to prevent overcrowding at airports and alleviate a pilot shortage.

16 Aug 2007 - 12:00am

Booming aviation sector records 8.6b yuan profits

The mainland's airports and airlines reported total profits of 8.69 billion yuan last year, an amount that once would have taken the industry 10 years to earn, according to mainland media reports.

Vice-minister of the General Administration for Civil Aviation of China Li Jun said demand for aviation services would continue to rise on the mainland.

14 Jan 2005 - 12:00am

New talks looming on Sino-US air pact

Formal negotiations on a new air services agreement between the United States and China could start by the middle of the year, with a significant liberalisation of air services between the two countries expected to emerge.

12 Mar 2003 - 12:00am

Beijing puts its plans for jet fuel liberalisation on hold

Beijing has taken an apparent step backwards in its plans to open the aviation fuel sector in the mainland to competition with the release of an official directive that says the central government plans to effectively maintain the industry's status quo indefinitely.

21 Jan 2003 - 12:00am

Boeing lobbies Asia on traffic management

Boeing's air traffic management systems division plans to begin discussions with major aviation services and infrastructure providers in Asia-Pacific next week, lobbying them on the need to develop a global solution to the growing problem of congested skies.

17 Jan 2003 - 12:00am

China revamps aviation sector

China's civil aviation regulator has unveiled sweeping changes to the mainland aviation market aimed at ensuring bruising competition arising out of deregulation does not undermine industry profitability.

13 Dec 2002 - 12:00am

Red ink $324m deep for airlines

The nation's airlines will lose 346 million yuan (about HK$324.2 million) in revenue as a result of the terrorist attacks in the United States on September 11, according to the first official estimate of the impact on China.

Airlines said authorities had decided to set up an airline police force in response to the attacks.

23 Oct 2001 - 12:00am

Controls inspire return of profit

The mainland's aviation industry posted a 262 million yuan (about HK$244.39 million) profit for the first seven months of this year.

The figure, from the Civil Aviation Administration of China (CAAC), appeared to have marked a sharp turnaround last month as the sector was reported to have lost 440 million yuan in the first six months.

17 Aug 1999 - 12:00am

China Southern to buy airline

China Southern Airlines has confirmed it has filed a preliminary acquisition plan with the Civil Aviation Administration of China (CAAC) for approval to buy a mainland regional airline.

31 Dec 1997 - 12:00am

China gears up for major exhibitions

TWO major exhibitions on airports and aviation in China are fast approaching.

In October, the Aviation Expo-China '93 will be held in Beijing, involving 500 large corporations from 22 countries.

Due to restructuring within the Ministry of Aerospace, numerous enterprises and factories have gained greater freedom in dealing with foreign companies.

25 Jun 1993 - 12:00am