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China`s air industry generated profits of 480 million yuan (57.8 million US dollars) in the first eight months of the years, with passenger traffic…
China`s robust air traffic growth shows its aviation industry has flown out of chronic financial trouble and people`s confidence in air travel has not been dampened by the terror strikes, a CAAC official was quoted as saying in China Daily on September 12.
The official attributed the achievement in part to the steady national economic growth and enhanced security measures. The first eight months of the year alone saw the government invest 1 billion yuan (120 million US dollars) to aid the airlines in updating aviation security systems, including reinforcing cockpit doors and improving safety examination equipment at airports, according to the newspaper.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
