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

| BY

clpstaff &clp articles

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.

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. The CAAC also anticipates that by 2020 annual revenue tonne kilometres for the country's airlines are expected to reach 84 billion, compared with 16.2 billion in 2002, ranking China's air transport market second in the world.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]