You are here : English / International / News
China: 70 new airports by 2015
Monday, 11. June 2012, 18:02
China will build 70 new airports within the next three years, the head of the country's aviation watchdog has said, as part of ambitious expansion plans in the industry despite an economic slowdown.

Civil Aviation Administration of China (CAAC) chief Li Jiaxiang also reiterated pledges that carriers would buy on average more than 300 planes a year from 2011 to 2015 - the country's current five-year economic plan.

 

"China plans to build 70 new airports in the next few years and to expand 100 existing airports," he told delegates in Beijing at the annual general meeting of global airline industry group IATA.

 

He added that the number of airports would reach more than 230 by the end of 2015, and that Chinese carriers would operate around 4,700 planes by then.

 

The aggressive expansion comes after IATA head Tony Tyler warned that global airline profits would more than halve this year on the back of surging oil prices and the eurozone crisis.

 

The airline industry in the Asia-Pacific region is expected to turn in a $2bn (£1.3bn) profit in 2012, according to IATA figures released on the sidelines of the AGM, but this still represents less than half of the region's 2011 profit.

 

The group did not provide specific projections for the China market - which has so far experienced booming growth due to rising demand for air travel as increasingly affluent Chinese people travel more frequently.

 

But it said part of the reason behind the projected drop in profits in Asia-Pacific was a slowdown in the Indian and Chinese economies.

 

Li added that by the end of 2011, China had 2,888 commercial planes in operation and its aviation industry employed 1.2m people.

 

Please write your comment on the article "China: 70 new airports by 2015" here:
  
*The editors office has the right to correct your comment orthographically and to abbreviate it.

LykiaWorld Ölüdeniz
5 star hotel
LykiaWorld Ölüdeniz with its well-manicured gardens is beautifully located on a large property at the foot of the Lycian mountains and surrounded with pine trees. It is edged...
Goldcity Tourism ...
5 star hotel
The Goldcity Tourism complex is located at the shores of the Turkish Riviera and offers excellent conditions for a relaxing seafront vacation, particularly for guests who plan...
Rixos Premium Bodrum
5 star hotel
The hotel Rixos Bodrum is located at the most beautiful bay of the Bodrum peninsula near to the town Zeytinlikahve. It offers a wonderful natural surrounding combined with a...
Ela Quality Resort
5 star hotel
The composition and the harmony between the modern art and the traditional Ottoman palace architecture is a real pleasure for everyone’s eyes. The best is given to offer pure...
 
Barut Cennet Hotel
3 star hotel
Hotel Cennet is one of the earliest hotels nearby Side in Kumköy. It has been renovated several times. A purposeful Hotel which is ideal for those, who are looking for a quite...
Barut Hotel Acanthus
4 star hotel
Hotel Acanthus is a member of the Barut chain of hotels and a neighbor building to two other members: Hotel Arum and Cennet. Many former guests do willingly confirm the warm...
Tivoli Hotel
3 star hotel
The Tivoli Hotel offers a very tranquil location and a friendly personel. The spacious and clean rooms of this 3-star hotel secure a comfortable and relaxing holiday. The hotel...
Sol Y Mar Paradis...
3 star hotel
The 3-star Hotel Sol y Mar Paradise Beach is located at the golden beach of the Red Sea in Safaga. Safaga is a destination well known for the manyfold diving opportunities it...
 
Ghazala Beach
4 star hotel
The bungalow-style 4-star Resort has its own private beach and is located on Naama Bay in Sharm El Sheikh. Beach, shopping and diving will offer its guests a nice holiday.
 
  Latest International News
 
  Most read International news of the week
21-05-2013
Name
Password
Turkey, Thailand, Egypt, Indian Ocean, Germany, airlines, tour operators, travel agencies, hotels, travel law, tourists, tourist, travel warning, destination, Rixos, Gloria Hotels, TUI, Ahmet Barut, Fettah Tamince, Lufthansa, Air Berlin, Ryanair, SunExpress , Pegasus, Pep, RTK, Thomas Cook, FTI, alltours, Antalya, Aspendos, Turkish Prime Minister Recep Tayyip Erdogan, last minute deals, early booking, cruise, food, health tourism, jobs in tourism, job search, the best hotels, Russian tourism, restaurants