Chinese airlines soar after regulator liberalizes fees
دوشنبه 18 دی 1396 10 ماه قبل ٬

Chinese airlines soar after regulator liberalizes fees

Beijing has pledged to allow market forces to play a more decisive role in its aviation industry to improve service quality and efficiency.

It relaxed airfare restrictions for the first time in nearly a decade in 2013, and two years later allowed airlines to set ticket prices on 101 routes.

The new ruling applies to at least another 306 routes, including the profitable Beijing to Shanghai route, according to the document that was dated Dec. 17 and published by the regulator on its website.

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