Flying High: China's Aviation Industry Looks To The Future

China's civil aviation sector looks set to grow considerably in the coming years as tourism expands and amid general economic expansion. The authors take a close look at China's airlines and the prospects for the industry as a whole.

16 minute readOctober 31, 2003 at 11:58 PM

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By Andrew Lockhart and Harvey Lau ,Baker & McKenzie

The General Administration of Civil Aviation of China (the CAAC) has forecast strong growth for the country's airline industry. The CAAC predicts average annual increases in Chinese airline traffic of around 10%, which is based on an estimated 7% economic growth per year.

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