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Domestic airlines eye 11% rise in passengers
By Winny Wang |
January 7, 2009, Wednesday
|
Online Edition
Online Edition
DOMESTIC carriers are expected to fly 11 percent more passengers this year backed by government efforts to boost demand.
China plans to increase air passenger volume by 11 percent to 220 million passengers this year, compared with 3.3 percent growth in 2008, according to the Ministry of Transport.
Cargo and mail volumes will grow 8 percent to 4.37 million tons, compared with 0.2 percent growth last year, the ministry said on its Website yesterday.
China's civil aviation regulator will implement a raft of stimulus policies to strengthen the domestic aviation industry, which has been hit by the global financial turmoil, declining demand and sharply fluctuating oil prices.
The efforts include setting up express routes to compete with a high-speed railway linking Beijing and Shanghai, increasing flight frequencies and bolstering regional airlines.
The country will also invest 80 billion yuan to 100 billion yuan in infrastructure this year, including 22 key projects such as renovating Shanghai Hongqiao Airport and enlarging the flight zone at Tianjin Binhai Airport.
The Civil Aviation Administration of China will waive several fees and taxes worth a combined 4 billion yuan that airlines have to pay.
The administration urged carriers to cancel or postpone plane deliveries due next year as a cooling economy has dented travel demand. Airlines were also asked to park unnecessary planes, retire old ones and return aircraft leased from overseas once contracts expire.
China plans to increase air passenger volume by 11 percent to 220 million passengers this year, compared with 3.3 percent growth in 2008, according to the Ministry of Transport.
Cargo and mail volumes will grow 8 percent to 4.37 million tons, compared with 0.2 percent growth last year, the ministry said on its Website yesterday.
China's civil aviation regulator will implement a raft of stimulus policies to strengthen the domestic aviation industry, which has been hit by the global financial turmoil, declining demand and sharply fluctuating oil prices.
The efforts include setting up express routes to compete with a high-speed railway linking Beijing and Shanghai, increasing flight frequencies and bolstering regional airlines.
The country will also invest 80 billion yuan to 100 billion yuan in infrastructure this year, including 22 key projects such as renovating Shanghai Hongqiao Airport and enlarging the flight zone at Tianjin Binhai Airport.
The Civil Aviation Administration of China will waive several fees and taxes worth a combined 4 billion yuan that airlines have to pay.
The administration urged carriers to cancel or postpone plane deliveries due next year as a cooling economy has dented travel demand. Airlines were also asked to park unnecessary planes, retire old ones and return aircraft leased from overseas once contracts expire.
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