newstodate.aero
MAR 30, 2004 (newstodate): While still ranking as the world's No 5 in tonne-kilometres and No 4 in passenger volumes, China's civil aviation industry generated a combined loss at RMB 3.7 billion in 2003.
The industry generated a total of 17.1 billion tonne-kms and 87.59 million passengers in 2003, accruing total revenues at RMB 106.8 billion.
China is currently implementing a systems reform within its civil aviation sector, boding for improved cost-efficiency and more competitive management.
In 2004 China's aviation industry is targetting 20 billion tonne-kilometres, up 17 percent on last year, and 103.8 million passengers, up 19 percent, well above other regions in the world, and manifesting a faster development than other modes of transportation in China.
The industry generated a total of 17.1 billion tonne-kms and 87.59 million passengers in 2003, accruing total revenues at RMB 106.8 billion.
China is currently implementing a systems reform within its civil aviation sector, boding for improved cost-efficiency and more competitive management.
In 2004 China's aviation industry is targetting 20 billion tonne-kilometres, up 17 percent on last year, and 103.8 million passengers, up 19 percent, well above other regions in the world, and manifesting a faster development than other modes of transportation in China.