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Six new civil aviation companies to be born soon

Author: Vicky Karantzavelou / Date: Fri, 10/26/2007 - 13:03

Six new Chinese aviation groups are expected to be born in the next half year as part of the...

Six new Chinese aviation groups are expected to be born in the next half year as part of the reform of China<.>`s civil aviation industry and the General Administration of Civil Aviation of China (CAAC), said Yang Yuanyuan, director of the CAAC.

Addressing a CAAC senior officials meeting on July 25 in Beijing, Yang said that this was a substantial step toward the separation of state enterprises and a government department.

The State Council had approved the proposal of establishing Air China Group and China Aviation Fuel Group, said Yang. The other proposals -- establishing China Eastern Airlines (Group), China Southern Airlines (Group), China Civil Aviation Information (Group) and China Aviation Supplies Import and Export (Group) -- had been formally submitted to the State Council for approval.

In addition, the plan to set up an aviation police force was about to be submitted to the State Council for ratification. Meanwhile, the CAAC and other relevant state ministries were working on the reform of airport management and public security.

Experts hold that the restructuring of China`s aviation industry will improve industrial management and enhance aircraft utilization and the sharing of resources. It will also help reduce operation costs and increase profits, so as to improve the competitiveness of China`s civil aviation industry in the face of international competition, they claim.

ABOUT THE AUTHOR

Vicky Karantzavelou

Co-Founder & Chief Editor

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.