男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Budget airlines coming to China
(Agencies)
Updated: 2005-01-20 09:36

Low-cost airlines will likely see business soar in the next decade in China -- Asia's biggest domestic air travel market -- finance company MasterCard International has said in a report.

Low-cost air travel in China still remains in its infancy.

About 70 percent of China's 780 domestic routes are suitable for low-cost carriers, but the country's aviation industry has yet to capitalize on its potential, said the report, one of a series the company has released on Asian business trends.

China has a large airspace, a massive domestic market and easy connections with the rest of Asia, the report said.

"The real driver of change in the low-cost carrier industry is China," Yuwa Hedrick-Wong, MasterCard's economic adviser for the Asia Pacific region, said at a news conference on the report, Wednesday.

"When China starts to take the lead, the region will follow," Hedrick-Wong said.

The report estimated that low-cost carriers will account for 25 percent of the growth in air travel by 2013.

But it also pointed out numerous problems, chiefly a lack of basic transport infrastructure that is hindering investment in airlines, as well as an overly regulated market.

China has been on an airport-building binge and recently began accepting applications for new, privately owned budget airlines -- but low-cost air travel remains in its infancy.

"We are likely to see movement within China's low-cost carrier industry within the next 10 years," Hedrick-Wong said.

Close

Baby chimp receiving a vaccine Pepsi Music Chart Awards kicks off Chinese women and their contraceptive choices

Today's Top News     Top Life News
Iraqi clerics help seek Chinese hostages' freedom         Airlines sign ground service pact         Japan touts high-speed rail caliber         Asian tsunami death toll tops 226,000         Four more years of Bush agitates world         Nation's net surfers top 94 million	China's middle class ushered in at 60,000 yuan?       Budget airlines coming to China       Plan considered on mainland babies born in HK       Retiming of Spring Festival for convenience       Bar street suffers river stink in Beijing       Man threatens to blow up van near White House