The aviation industry in the PRC has been flourishing in recent years. The growth of the industry is partly due to the continuous positive prospects of the country's economy, and partly to new regulations issued in 2005.
Grounded – Private Airlines Stifled by State-owned Players
With so many airlines operating in the PRC, private airlines find it hard to make profit amidst the many state-run competitors. In spite of liberalization, financing and cumbersome regulatory procedures have failed to produce a level playing field. To further enhance the aviation industry, these problems must be addressed in order to give private airlines more room to grow.
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