BEIJING: For those entrepreneurs interested in cashing in on China’s booming airline sector, there is bad news afoot. The Civil Aviation Administration of China (CAAC), the country’s industry regulator, has announced that it will not entertain any new airline applications until 2010, meaning there will be no new airlines in China until 2011 at the earliest. Full Story.
China Blocks Takeoff of New Airlines.
Published: August 30, 2007Posted in: China
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