China airline industry is growing faster than GDP
increases, and the trend is predicted to continue
to at least 2010. Worldwide deregulations make
the skies more accessible; the route agreement is
easier to be achieved. The number of foreign
visitors and investors to China is increasing
rapidly. Complementary industry like tourism will
increase demand for airline service. CAAC strong
regulation and protection provides opportunities
for consolidation and optimization. Customers
are getting wealthier, tend to be less price
conscious and prefer to choose quality service.