Chinese consequences
September 4, 2007 by Evan Sparks
Per an earlier post, the Chinese aviation sector–and, by extension, Chinese travelers–are already beginning to experience the consequences of the central regulator’s decision to cut back on growth. The burden will fall most on low-cost carriers, stunting increased access to travel for the middle-income burgher class just beginning to emerge in China.
LCCs, new entrants feel effects of CAAC decision to limit growth [ATW Online]