Some interesting lines out of the China earlier today on the growth over the next five years of its airline market. Here's a little taster and you can check out the full story here
Chinese airlines are expected to carry 450 million passengers in 2015, with passenger traffic growing at an annual rate of 11% from now until 2015.
The Civil Aviation Administration of China (CAAC), in its latest five-year masterplan on China's aviation sector, expects airline RPKs to increase 13% annually from 2010 to 2015.
For much more on the China's vision for developing its airline industry, in particular its internationalisation, let me point you in the direction of a feature written by Chinese air transport specialist Jane Pan that ran in the May issue of Airline Business, which goes into lots more detail about China's long-term strategic aims and some of the challenges it faces. Check out China's air transport plan: rising dragon here