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BIZCHINA> Top Biz News
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China expects domestic air travel to grow 10% in 2009
By Wang Xu and Zheng Lifei (chinadaily.com.cn)
Updated: 2009-03-04 14:05 China's aviation industry is expected to post at least 10 percent growth in its domestic passenger traffic this year thanks to government efforts to boost the economy, while international traffic is likely to fall sharply, the country's top aviation industry official said on Wednesday.
However, international cargo traffic plunged 28 percent from a year earlier, while international passenger traffic dropped 16 percent, Li said on the sidelines of the annual sessions of the Chinese People's Political Consultative Conference (CPPCC). China's entire aviation industry, which lost 28.2 billion yuan ($4.12 billion) last year, made a combined profit of 40 million yuan in January, Li said. (For more biz stories, please visit Industries)
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